Section 35-12-8 - Payment of excise tax--Deposit into general fund--Records and reports. - South Dakota Statutes

35-12-8. Payment of excise tax--Deposit into general fund--Records and reports. The excise tax on wines established in § 35-12-7 shall be paid to the secretary of the Department of Revenue and Regulation on or before the fifteenth day of the month following the month in which the first sale is made in this state by a licensed farm winery and shall be deposited in the general fund. The farm winery licensee shall file with the secretary a return in the form prescribed by the secretary, and shall keep records and render reports required by the secretary in rules promulgated pursuant to chapter 1-26.

Source: SL 1996, ch 226, § 8; SL 2003, ch 272, § 82.