What is the purpose of the 0978 Mississippi form?
The 0978 Mississippi form is a Quarterly Commercial Fertilizer Tonnage Report required by the Mississippi Department of Agriculture and Commerce. It's designed for businesses to report the amount of fertilizer sold in the state during each quarter. This form ensures companies comply with state regulations concerning the sale of fertilizer, including the assessment of an inspection fee, which supports the state’s efforts to monitor and regulate the fertilizer industry.
When are reports due for the 0978 Mississippi form?
Reports on the 0978 Mississippi form are due quarterly, on or before the 30th day of the month following the close of the quarter. Specific deadlines are thus March 31, June 30, September 30, and December 31. Timely submission of this form is crucial to avoid penalties for late reporting.
What are the penalties for late submission or non-payment of amounts due on the 0978 Mississippi form?
If the 0978 report is not submitted or if the amount due is not paid within thirty days after the quarter ends, a penalty is incurred. This penalty is ten percent of the amount due, with a minimum penalty of ten dollars ($10.00). This fine is added to the total amount owed, ensuring firms comply with reporting and payment deadlines.
Are there specific instructions for completing the 0978 Mississippi Form?
Yes, there are precise instructions for completing the 0978 Mississippi form. Firms need to type or print legibly using a ball point pen and follow the codes provided within the form. It's essential to show the tonnage of fertilizer in hundredths, correctly indicate the container and use type, and provide a guaranteed analysis of the product. The form requires detailed information about the fertilizer sold, including the description, guaranteed analysis, destination, and total tonnage. Firms are responsible for certifying the accuracy of the information and remitting the inspection fee of $.25 per ton sold.
What should a company do if no sales are made in Mississippi during the quarter?
If no fertilizer sales were made in Mississippi during a specific quarter, companies are still required to submit the 0978 Mississippi form. However, they should mark the form with a note stating “No sales made in Mississippi during this quarter.” This ensures that the Mississippi Department of Agriculture and Commerce is aware of the company's sales activity and can accurately maintain records.