S.D. Admin. R. 64:29:02:03.03

Current through Register Vol. 51, page 54, October 28, 2024

Section 64:29:02:03.03 - Application for excise tax refund by purchaser

A person who purchases a used vehicle from a person other than a licensed motor vehicle dealer and who pays excise tax on the value of the vehicle as stated in a dealers' guide approved by the secretary may apply for a refund if the actual purchase price paid for the vehicle is less than the stated book value and the purchaser obtains a valid bill of sale.

S.D. Admin. R. 64:29:02:03.03

15 SDR 58, effective 10/19/1988; 17 SDR 4, effective 7/18/1990.

General Authority: SDCL 32-5B-15.

Law Implemented: SDCL 32-5B-1, 32-5B-4.

Use of dealers' guide for used motor vehicles, SDCL 32-5B-6.