Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 8.1-1-26
Purchase of tax stamps
Sec. 26. (a) The department will not sell tax stamps to anyone except distributors holding active and valid registration certificates and such
others who established their need for tax stamps by written statement satisfactory to the department.
(b) Registered distributors shall be agents of the department to affix stamps.
(c) Sales of tax stamps shall be made by the department to registered distributors, subject to the discount prescribed by law. The discount
shall be allowed at the time of purchase of the stamps. All other purchasers must pay full face value.
(d) After meeting the department's requirements for a credit bond or credit bond release and after authorization from the department,
distributors will pay for the tax stamps within thirty (30) calendar days from the date of the purchase.
(e) Payment must be made by electronic funds transfer. If payment is not received by the due date, the discount will be disallowed and
penalty and interest will be charged. Additionally, no further stamps will be sold to the distributor until full payment is made.
Amendment history
(Department of State Revenue; Reg. 6-7-1-17(010); filed Aug 4, 1982, 3:02 p.m.: 5 IR 1803; filed Jan 12, 2015, 12:14 p.m.: 20150211-IR-045140146FRA)
Source: view the official text
Nearby sections (25 sections)
- 8.1-1-14 · Covered transactions; date of sale or use (Repealed)
- 8.1-1-15 · Common carriers; duty to file on prescribed forms (Repealed)
- 8.1-1-16 · Stamp; evidence of tax payment
- 8.1-1-17 · Registration requirements (Repealed)
- 8.1-1-18 · Distributor's registration certificate; revocation or…
- 8.1-1-19 · Conduct of hearings; investigations
- 8.1-1-20 · Display of tax stamps on individual packages of cigarettes
- 8.1-1-21 · Meter as alternate to stamps (Repealed)
- 8.1-1-22 · Tampering with meter (Repealed)
- 8.1-1-23 · Requirement to display stamps in vending machines
- 8.1-1-24 · Authorization of financial institutions to recharge meters…
- 8.1-1-25 · Bonding of registrant
- 8.1-1-26 · Purchase of tax stamps
- 8.1-1-27 · Responsibilities of distributor and retailer to affix stamps
- 8.1-1-28 · Exception to stamping requirements for items in interstate…
- 8.1-1-29 · Distributor's records
- 8.1-1-30 · Distributor's reports
- 8.1-1-31 · Additional reports for transactions made out of state
- 8.1-1-32 · Counterfeit stamps; penalty (Repealed)
- 8.1-1-33 · Affixing counterfeit or previously used stamps; penalty…
- 8.1-1-34 · Record keeping violations; penalty (Repealed)
- 8.1-1-35 · Other violations; penalty (Repealed)
- 8.1-1-36 · Seizure of property; resale by department; redemption…
- 8.1-1-37 · Selling unstamped cigarettes; penalty (Repealed)
- 8.1-1-38 · Search warrants for untaxed cigarettes (Repealed)