§ 3-7-401 - Reports and payments. - Arkansas Statutes

3-7-401. Reports and payments.

(a) The Director of the Alcoholic Beverage Control Division is authorized and directed to adopt and issue rules and regulations to protect the revenue of this state, prescribing a reporting method for paying and collecting the excise tax on beer.

(b) The rules and regulations shall require the reports to be filed with the Alcoholic Beverage Control Division on or before the fifteenth day of the month following the month in which the wholesaler acquired possession of or title to the beer.

(c) The reports required by the regulations shall be in lieu of those provisions of 3-7-106 relating to the necessity to obtain transportation permits for beer.

(d) The reporting method and payment thereunder, within the time prescribed by this section and in the manner prescribed by the director, shall constitute a compliance as to sale, purchase, import, warehousing, transporting, and handling of beer, the transportation of beer in this state, and the obtaining of a permit prior to the transportation of beer into this state pursuant to 3-7-106.