N.J. Admin. Code § 18:5-7.2

Current through Register Vol. 56, No. 21, November 4, 2024

Section 18:5-7.2 - Nonresident distributor records

(a) Nonresident licensed distributors must maintain and preserve for a period of four years, and make accessible for inspection at all reasonable times, the following records:

1. The monthly inventory, taken at the beginning of business on the first business day of each month, or the close of business on the last business day of each month, of all cigarettes stamped with New Jersey revenue tax stamps;

2. The invoices or bills of lading covering all purchases of cigarettes stamped with New Jersey revenue tax stamps;

3. The receiving record, currently posted, of all cigarettes stamped with New Jersey revenue tax stamps received, indicating invoice number, date, quantity, brand, and from whom received;

4. The invoices, bills of lading, and other records covering all sales of cigarettes stamped with New Jersey revenue tax stamps;

5. All other pertinent papers and documents relating to the purchase, sale, storage, or disposition of cigarettes, whether stamped or unstamped, in New Jersey;

6. The daily inventory of all New Jersey cigarette revenue tax stamps;

7. The invoices covering all purchases of New Jersey cigarette revenue tax stamps;

8. The daily record of New Jersey cigarette revenue tax stamps affixed to cigarettes; and

9. The record of the names, addresses, and current license numbers of all retail customers.

(b) Each sale of cigarettes at wholesale made in New Jersey including cash and credit transactions regardless of whether the sale is made to a New Jersey resident licensed distributor, a New Jersey licensed wholesale dealer, a New Jersey licensed retail dealer, or is a transfer to a self-owned outlet or an agency or agent, must be accompanied by a complete invoice indicating:

1. The person to whom the cigarettes were sold;

2. The address of the purchaser;

3. The date of sale;

4. The quantity sold;

5. The brand names; and

6. The price charged.

N.J. Admin. Code § 18:5-7.2

Amended by 49 N.J.R. 1912(b), effective 7/3/2017