15-70-716. Deficiency -- penalty. If the department determines that the tax reported by a compressed natural gas dealer or a liquefied petroleum gas dealer is deficient, the department shall assess the deficiency on the basis of information available to the department. There must be added to the deficiency interest on the deficient amount at the rate of 1% a month or fraction of a month from the date on which the return was due.
History: En. Sec. 13, Ch. 405, L. 1995; amd. Sec. 13, Ch. 125, L. 1997.
Structure Montana Code Annotated
Chapter 70. Gasoline and Vehicle Fuels Taxes
Part 7. Compressed Natural Gas Tax
15-70-702. Compressed natural gas dealer's or liquefied petroleum gas dealer's license
15-70-703. Application for license
15-70-704. Bonding, release of surety, and additional bond
15-70-705. Issuance of license -- grounds for refusal -- hearing
15-70-706. Revocation of license -- notice
15-70-707. Cancellation of license upon surrender
15-70-708. through 15-70-710 reserved
15-70-711. Tax on compressed natural gas -- tax on liquefied petroleum gas
15-70-713. Examination of records -- enforcement -- reciprocity
15-70-714. Returns required -- payment
15-70-715. Penalties for refusal or failure to file return or pay tax when due
15-70-716. Deficiency -- penalty
15-70-717. Determination if no return made -- penalty -- presumption
15-70-718. Fraudulent return -- penalty