280-20-70 R.I. Code R. § 47.7

Current through June 20, 2024

Section 280-RICR-20-70-47.7 - Taxation of Over-the-Counter Drugs

A. For the period commencing October 1, 2011, sales and use tax, at the rates as provided in R.I. Gen. Laws §§ 44-18-18 and 44-18-20, shall apply to an "over-the-counter drug" as defined in § 47.5 of this part.

B. EXAMPLE:

A customer goes to a store with a prescription to purchase an "over-the-counter drug". The pharmacist directs the customer to an aisle where the product is located. The pharmacist does NOT process the transaction as a prescription because the product is available as an "over-the-counter drug". Transaction is subject to sales tax as the product is not sold on prescription.

280 R.I. Code R. § 280-RICR-20-70-47.7