Use of overpayment of tax to offset underpayment or penalty
Known as the South Carolina Sales and Use Tax Act
The act spans §§ 12–12 (76 sections).
1990 Act No. 612, Part II, SECTION 74A.
Notwithstanding the provisions of this chapter, the department may offset overpayments for a period or periods, together with interest on the overpayments, against:
(1) underpayments for another period or periods; and
(2) penalties and interest on the underpayments.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.