On June 26, 2012, following an audit, the Department assessed the Taxpayer for gross receipts tax, penalty and interest for the tax period ending on December 31, 2009. The Taxpayer filed a formal protest to the assessment. The Taxpayer produced a nontaxable transaction certificate (NTTC) for part of the gross receipts taxes that were assessed, so the Department partially abated the assessment and adjusted the gross receipts tax, penalty and interest due. The Taxpayer was unable to obtain an NTTC for the remaining balance of the assessment. The Taxpayer’s protest was denied.
Apex New Mexico Distributer LLC