1. (1) A licensed distributor may overpay its known motor fuel tax liability. The overpayment must be designated as such by the distributor. The credit balance created by the overpayment will apply to future tax deficiencies if the gasoline, special fuel, or aviation fuel is reported and tax is paid within 30 days of the due date.

Authorizing statute(s): 15-70-104, MCA

Implementing statute(s): 15-70-417, MCA

History: NEW, 1989 MAR p. 2068, Eff. 12/8/89; AMD, 1991 MAR p. 468, Eff. 4/12/91; TRANS, from Dept. of Revenue, Ch. 512, L. 1991, Eff. 7/1/91; AMD, 1996 MAR p. 913, Eff. 4/5/96; AMD, 2001 MAR p. 2143, Eff. 10/26/01; TRANS & AMD from ARM 18.9.118, 2016 MAR p. 1849, Eff. 10/15/16.