NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-16A-5
Special fuel inventories
Official textnmonesource.comlast amended
# A.
On the day prior to the day in which the special fuel excise tax rate is increased or decreased, each supplier, dealer and bulk storage user shall take inventory of the gallons of special fuel on hand.
# B.
Suppliers and bulk storage users shall report total gallons of special fuel in inventory on the day prior to the day in which an increase in the special fuel excise tax rate is effective and pay any special fuel inventory tax due.
Amendment history
Laws 1992, ch. 51, § 5; 2005, ch. 109, § 9.
Source: official source (NMSA chapter on nmonesource.com)
In this article (31 sections)
- 7-16A-1 · Short title
- 7-16A-2 · Definitions
- 7-16A-2.1 · 7-16A-2.1
- 7-16A-3 · 7-16A-3
- 7-16A-4 · 7-16A-4
- 7-16A-5 · Special fuel inventories
- 7-16A-5.1 · 7-16A-5.1
- 7-16A-6 · Special fuel inventory tax refund
- 7-16A-7 · Repealed
- 7-16A-8 · Repealed
- 7-16A-9 · Tax returns; payment of tax
- 7-16A-9.1 · Returns by retailers; requirements
- 7-16A-9.2 · Returns by wholesalers
- 7-16A-9.3 · Returns by rack operators; requirements
- 7-16A-9.4 · 7-16A-9.4
- 7-16A-10 · 7-16A-10
- 7-16A-11 · 7-16A-11
- 7-16A-12 · Credit; special fuel excise tax; special fuel users
- 7-16A-13 · 7-16A-13
- 7-16A-13.1 · 7-16A-13.1
- 7-16A-14 · 7-16A-14
- 7-16A-15 · Bond required of supplier
- 7-16A-15.1 · Special fuel users; surety bond required; exceptions
- 7-16A-16 · 7-16A-16
- 7-16A-17 · Repealed
- 7-16A-18 · Repealed
- 7-16A-19 · Special fuel user permits; violation
- 7-16A-19.1 · Border crossing special fuel user permit
- 7-16A-20 · Administration and enforcement of act
- 7-16A-20.1 · 7-16A-20.1
- 7-16A-21 · Temporary provision; continuity of actions