(1) The wholesaler or retailer shall remit the appropriate tax calculated at the statutory rate for all untaxed tobacco products purchased for sale in Montana less the statutory discount.

(2) All wholesalers or retailers shall remit the tax on forms provided and/or approved by the department, together with copies of the itemized invoices procured from the manufacturers or from the wholesalers of all tobacco products or on a computerized printout preapproved by the department.

(3) All such remittance shall be made to the department by the 15th of each month covering purchases of tobacco products made during the previous month.

(4) Failure to provide all the required information in this rule may result in a late filing and late pay penalty added to the tax due in accordance with ARM 42.2.504.