N.J. Admin. Code § 18:24-16.5

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

Section 18:24-16.5 - Seller's records; contents

(a) Adequate records must be kept by the seller, showing the following:

1. The location or locations of each machine operated by him;

2. The serial number of each machine operated by him;

3. Purchases and inventories by physical units of merchandise bought for sale through all such machines;

4. The unit prices charged by the seller;

5. The gross receipts derived from the operation of each machine at each location, or the gross receipts derived from the sale of like products at each location;

6. The receipts from exempt sales;

7. The cost of all tangible personal property, food and drink, which the seller purchased for resale; and

8. The cost of all supplies of which the seller is deemed to be the ultimate consumer.

N.J. Admin. Code § 18:24-16.5

New Rule, R.1970 d.70, effective 7/1/1970.
See: 2 N.J.R. 51(b), 2 N.J.R. 58(a).
Amended by R.2008 d.356, effective 12/1/2008.
See: 40 N.J.R. 1777(a), 40 N.J.R. 6832(a).
Section was "Vendor's records; contents". In the introductory paragraph of (a) and in (a)4, (a)7 and (a)8, substituted "seller" for "vendor"; and in (a)7, inserted a comma following "drink".