42-3010. Transaction invoices and other
records; retention period
A. When any wholesaler or distributor in this state sells or delivers to
any person any of the luxuries on which a tax is imposed by this chapter, the wholesaler
or distributor shall make a duplicate invoice of the transaction, showing the date of
delivery, the amount and value of each sale, shipment or consignment, and the name and
location of the purchaser or person to whom delivery is made. The wholesaler or
distributor shall file and retain the invoice for a period of two years, subject to
inspection and use by the department.
B. Every wholesaler, distributor or retailer shall procure and retain invoices
showing the amount and value of each purchase or shipment of any luxuries received, the
date of the shipment, the name and location of the shipper and the value of the purchase
or shipment. The wholesaler, distributor or retailer shall retain the invoices for a
period of two years, subject to inspection and use by the department, except as otherwise
provided for cigarette manufacturers, cigarette importers and cigarette distributors in
section 42-3212.
C. Transactions that involve cigarettes shall also meet the requirements of article
5 of this chapter.
|