New Mexico Administrative Code
Title 3 - TAXATION
Chapter 16 - MOTOR VEHICLE FUEL TAXES
Part 204 - DEDUCTION - GASOLINE OR OTHER FUELS RETURNED
Section 3.16.204.8 - SUBSEQUENT COLLECTION OF UNCOLLECTIBLE ACCOUNTS OR SUBSEQUENT SALE OF RETURNED PRODUCTS
Universal Citation: 3 NM Admin Code 3.16.204.8
Current through Register Vol. 35, No. 18, September 24, 2024
Any person, who has previously paid the petroleum products loading fee and deducted an amount for gallons of petroleum product which represents an account which has been determined to be uncollectible, shall pay the petroleum products loading fee when the total or any portion of the amount of the uncollectible account is subsequently collected. Any person, who has paid the petroleum products loading fee and deducted an amount for gallons of petroleum product returned by the purchaser, shall be liable for the petroleum products loading fee when the returned product is resold.
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