2010 Nevada Code
TITLE 32 REVENUE AND TAXATION
Chapter 370 Tobacco: Licenses and Taxes; Supervision of Manufacturers
NRS 370.195 Due date for deferred payment owing for revenue stamps and metered machine impressions; extension; conditions under which Department may suspend without notice privilege to defer payment.

NRS 370.195 Due date for deferred payment owing for revenue stamps and metered machine impressions; extension; conditions under which Department may suspend without notice privilege to defer payment.

1. The amount owing for revenue stamps and metered machine impressions for which payment was deferred in any calendar month is due on or before the 25th day of the following calendar month. Payment must be made by a remittance payable to the Department.

2. Upon request of the wholesale dealer for good cause shown, the Department may grant an extension of the due date of any deferred payment for a period not exceeding 5 days.

3. The Department may suspend without prior notice the privilege to defer payment for the purchase of revenue stamps and metered machine impressions or may reduce the maximum amount of revenue stamps or metered machine impressions which the wholesale dealer may have unpaid at any time if:

(a) The wholesale dealer fails to pay for stamps or impressions at the times required by subsection 1;

(b) The bond or bonds required pursuant to NRS 370.155 are cancelled or become void, impaired or unenforceable for any reason; or

(c) The Department determines that any deferred payments are in jeopardy of not being paid.

(Added to NRS by 1989, 2184)