Fillable Form Tt3 - Collector'S Return (Page 2 of 7) in pdf

INSTRUCTIONS ON COMPLETION OF THE COLLECTOR'S MONTHLY/PERIODIC RETURN

In completing Line 1:

Wholesalers: Section 11 of the Tobacco Tax Act provides that a wholesale dealer must, in respect of tobacco

delivered to the wholesale dealer in British Columbia, pay, as a security to the director, an amount equal to the tax

that would be collectable if that tobacco were sold to a consumer in British Columbia. This form calculates the amount

of security, and provides for adjustments to and deductions from that amount. In support of this return you must

complete and file Schedule A, Details of Collector’s Purchases of Tobacco Products.

Manufacturers: Describe the security payable in respect of tobacco products sold to dealers in the province of British

Columbia, who have not been appointed Collectors pursuant to the Tobacco Tax Act and of the tax payable on

tobacco used or provided by the manufacturer for promotional purposes.

Importers: Describe Collections from the sale of tobacco products to customers in the Province of British Columbia,

who have not been appointed Collectors pursuant to the Tobacco Tax Act.

2 This return must be completed in duplicate. The ORIGINAL and REMITTANCE must reach:

CONSUMER TAXATION BRANCH

MINISTRY OF PROVINCIAL REVENUE

PO BOX 9442 STN PROV GOVT

VICTORIA BC V8W 9V4

on or before the 20th day of each month in respect of the previous month or within 20 days of the end of each approved

period. Make your cheque or money order payable to the Minister of Finance, Province of British Columbia.

3 SECURITY

You may use this column to report the security which is equal to the tax shown on manufacturers' invoices. When this is

done, do not show details of quantity purchased.

4 LOOSE TOBACCO (other than cigarettes or cigars)

Tobacco is taxed by the package, tin, jar, etc. Tax is based on the weight contained therein. Various weights and the tax

applicable are set out on the front of this form. Tobacco packaged in ounces is converted to grams.

Ounces x 28.35 = grams, calculated to the second decimal. Grams x $0.179 = security due, rounded to the nearest

cent and for this purpose 1/2 cent is counted as 1 cent.

5 CIGARS

The rate of tax is based on the retail selling price suggested by the manufacturer or manufacturer's agent.

6 Please attach all supporting Schedules in support of this advice if applicable.

7 Attention is drawn to the fact that if the details shown on this return are not in accord with the records of the Collector,

the authorized officer may make an assessment. Security deemed to be in arrears will be subject to interest at a rate

prescribed by the Lieutenant Governor in Council.

8 If you have any difficulty completing this form, please contact:

TOBACCO TAX SECTION

CONSUMER TAXATION BRANCH

MINISTRY OF PROVINCIAL REVENUE

Telephone Number: 250 387-0634

FAX: 250 387-1852

and every possible assistance will be given to you.

Form Tt3 - Collector'S Return Page 2