This tax shall not be levied more than once on the same product. Reporting of products on which this tax has been paid shall be subject to the regulation of the commission.
History: 1953 Comp., § 72-19-8, enacted by Laws 1959, ch. 52, § 8.
Compiler's notes. — For the meaning of "commission", see 7-29-2A NMSA 1978.
Structure New Mexico Statutes
Article 29 - Oil and Gas Severance Tax
Section 7-29-4.1 - Taxable value; method of determining.
Section 7-29-4.2 - Value may be determined by department; standard.
Section 7-29-5 - Products on which tax has been levied; regulation by commission.
Section 7-29-7 - Operator's report; tax remittance; additional information.
Section 7-29-8 - Purchaser's report; tax remittance; additional information.