Yes, you are entitled to a discount of 1.75 (.0175) percent of the sales and use tax collected as long as the return is filed and paid by the due date.
NOTE: If you are an
annual filer and your return is filed and paid on time, you are entitled to a discount of 1.75 percent of the sales and use tax collected or $5, whichever amount is greater. Your discount may not exceed your tax on receipts.
Form ST-1 filers reporting the E911 Surcharge on Schedule B also are entitled to a separate discount of 3 percent (.03) of the E911 Surcharge reported as long as the return is filed and paid by the due date.