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BTLG Table of Contents > Sales and Use Tax Annotations > I > 320.0000 Interest and Penalties > Annotation 320.0060

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I

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320.0000 Interest and Penalties—Regulation 1703

Annotation 320.0060

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320.0060 Failure to File Return. A seller is not excused from filing a return merely because the purchaser reports the transaction "on a use tax basis," and the 10 percent penalty applies to any balance of tax due after giving effect to all adjustments and credits for tax paid by purchaser. 4/7/53.