Section Rev 1005.03 - Purchases of Tax Stamps on Credit(a) To open a credit account and charge purchases of tax stamps, wholesalers shall submit a written request to: New Hampshire Department of Revenue Administration
Collections Division
P.O. Box 454
Concord N.H. 03302-0454.
(b) The request shall be accompanied by: (1) The wholesaler's most recent financial statement prepared in accordance with generally accepted accounting principles;(2) The names, addresses and telephone numbers of 3 credit references; and(3) A completed Form CD-18, "Tobacco Tax Credit Bond", in accordance with Rev 1009.06.(c) The aggregate amount of purchases charged by a wholesaler shall not exceed 75% of the wholesaler's bond amount. (d) The coverage of the bond shall include, in addition to the outstanding balance, interest pursuant to RSA 21-J:28, penalties pursuant to RSA 21-J:33, and costs, including, but not limited to, attorney's fees.(e) The coverage of the bond shall include, in addition to the outstanding balance, interest pursuant to RSA 21-J:28, penalties pursuant to RSA 21-J:33, and costs, including, but not limited to, attorney's fees.(e) Wholesalers may pay for orders charged to their credit account using a noncertified company check.N.H. Admin. Code § Rev 1005.03
#1838, eff 10-19-81; ss by #2206, eff 12-12-82; ss by #4158, eff 11-3-86; ss by #4707, eff 11-21-89; ss by #5301, eff 12-26-91; ss by #6662, eff 12-25-97; ss by #8526, eff 12-21-05; ss by #10536, eff 3-6-14 (from Rev 1004.03)
Amended by Volume XL Number 24, Filed June 11, 2020, Proposed by #130496/4/2020, Expires 6/4/2030.