A. If it then appears that the correct amount of tax to be remitted is greater or less than that shown in the return, the tax shall be recomputed;

B. If the amount paid exceeds that which is due, the excess shall be refunded with interest pursuant to section 3-5-12 of this title, or credited, against any subsequent remittance from the same person; provided, however, that a claim for refund or credit is made within three (3) years of the date the return is filed or, if the three (3) year period for assessment of tax has been extended as provided in this title, then a claim for refund or credit may be made within such extended period;

C. If the amount paid is less than the amount due, the difference, together with interest thereon at the rate of one percent (1%) per month from the time the return was due, shall be paid by the taxpayer within thirty (30) days after written notice and demand to the taxpayer from the finance director. (Ord. 30, Series 2021)