Ind. Code § 15-12-3-6

Current through P.L. 171-2024

Section 15-12-3-6 - "Net cost"

As used in this chapter, "net cost" means:

(1) the price a retailer paid to a wholesaler, manufacturer, or distributor for inventory; minus

(2) any discounts, retainage, and prepaid freight or return freight.

IC 15-12-3-6

Pre-2008 Recodification Citation: 15-7-7-6.

As added by P.L. 2-2008, SEC.3.