N.J. Admin. Code § 13:2-24.8

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:2-24.8 - Sales below cost; prohibited

(a) Notwithstanding other provisions of this subchapter, no wholesaler distributor or other licensee, privileged to sell to retailers, and no retail licensee, shall offer to sell or sell alcoholic beverages at a price below "cost" except for authorized samples and donations pursuant to N.J.A.C. 13:2-24.7, or upon petition to and approved by the Director, pursuant to a bona fide "close out" sale.

(b) "Cost" is defined as the actual proportionate invoice price and freight charge to a distributor or wholesaler and the actual proportionate invoice price to a retailer, as the case may be, of any given container of an alcoholic beverage product, plus applicable State and Federal taxes. The actual invoice price shall be determined by the "last-in-first-out" method applying generally accepted accounting principles.

N.J. Admin. Code § 13:2-24.8

Amended by R.1980 d.304, effective 7/3/1980.
See: 12 New Jersey Register 343(b), 12 New Jersey Register 494(b).