17 NCAC 04C .1702         NO DELAYED OR DEFERRED TAX PAYMENT ALLOWED

No wholesale dealer or retail dealer or customer of a wholesaler may delay payment of the tax due on other tobacco products by failing to pay tax on a sale that is not a designated sale or by overstating the quantity of other tobacco products that will be resold in an exempt transaction.

 

History Note:        Authority G.S. 105‑113.37; 105‑262;

Eff. June 1, 1992.