Section 79 — Excise Tax Act: Returns and payments

Every person who is required to pay tax under Part III and every person who holds a licence granted under or in respect of that Part shall, not later than the last day of the first month after each reporting period of the person, file a return with the Minister, in the prescribed form and manner, for that reporting period; calculate, in the return, the total amount of the tax payable, if any, by the person for that reporting period, and pay that amount to the Receiver General. [Repealed, 2010, c. 25, s. 130] The Minister may, on demand sent by the Minister, require a person to file, within any reasonable time stipulated in the demand, a return under this Act for any period designated in the demand. Every person who fails to file a return as and when required under a demand issued under subsection (4) is liable to a penalty of $250.