1607. FILING RETURNS.

Any person who holds a license issued pursuant to this chapter or chapters 10-33A, 10-45, 10-451), 10-46A, 10-46B or IO52A of South Dakota Codified Laws or Title I I of the Rosebud Sioux Tribe's Law & Order Code or who is a person whose receipts are subject to the tax imposed by this Act or aforementioned chapters shall, except as otherwise provided in this section, file a return and pay any tax due, to the Department of Revenue and Regulation on or before the twentieth day of the month following each monthly period. The return shall be filed on forms prescribed and furnished by the department

If the person remits the tax by electronic transfer to the state, the person shall file the return by electronic means on or before the twenty-third day of the month following each monthly period and remit the tax on or before the second to the last day of the month following each monthly period.

The secretary or Tax Commission may require or allow a person to file a return, and pay any tax due, on a basis other than monthly and the return and remittance is due the last day of the month following the reporting period, or at time otherwise determined by the Tax Commission.

The Tax Commission may grant an extension of not more than five days for filing a return and remittance. However, the Tax Commission may grant on extension for remitting the tax to a qualified business as provided in chapter 7 of the Tax Code, for six months.

Unless an extension is granted, penalty or interest under chapter 6 shall be paid if a return or remittance is not made on time.