§ 105-113.109. When tax payable. - North Carolina Statutes

§105‑113.109.  When tax payable.

The tax imposed by thisArticle is payable by any dealer who actually or constructively possesses anunauthorized substance in this State upon which the tax has not been paid, asevidenced by a stamp. The tax is payable within 48 hours after the dealeracquires actual or constructive possession of a non‑tax‑paidunauthorized substance, exclusive of Saturdays, Sundays, and legal holidays ofthis State, in which case the tax is payable on the next working day. Uponpayment of the tax, the dealer shall permanently affix the appropriate stampsto the unauthorized substance. Once the tax due on an unauthorized substancehas been paid, no additional tax is due under this Article even though theunauthorized substance may be handled by other dealers. (1989,c. 772, s. 1; 1995, c. 340, s. 1; 1997‑292, s. 1.)