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North Carolina Administrative Code Title 17 — Revenue

17 NCAC 04C .0702

Excise Tax Liability For Cigarette Inventory

Official textreports.oah.state.nc.us

A distributor is liable for the tax upon any non-tax-paid cigarettes that are stolen or otherwise unaccounted for.

Last amended: Authority G.S. 105-113.5; 105-262; Eff. February 1, 1976; Amended Eff. January 1, 1994; Readopted Eff. January 1, 2021.

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In this chapter (40 sections)
  1. 17-04c-0203 · License Not Prorated
  2. 17-04c-0204 · Exhibit Of License
  3. 17-04c-0205 · Distributor To Notify Manufacturer
  4. 17-04c-0301 · Decal Stamps
  5. 17-04c-0302 · Credit Sales Of Stamps
  6. 17-04c-0401 · Authorization
  7. 17-04c-0402 · Setting
  8. 17-04c-0403 · Credit Sales
  9. 17-04c-0404 · Inspection
  10. 17-04c-0405 · Meter Machine Maintenance
  11. 17-04c-0501 · Manner Of Affixing
  12. 17-04c-0502 · Unstamped Cigarettes
  13. 17-04c-0503 · Responsibility Of Purchaser
  14. 17-04c-0504 · Interstate Cigarette Sales; Licensure
  15. 17-04c-0505 · Limited Time To Affix Taxpaid Indicia (Stamps And…
  16. 17-04c-0601 · Sales To Licensed Distributors
  17. 17-04c-0602 · Invoice Requirement
  18. 17-04c-0603 · Tax On Complimentary Packs
  19. 17-04c-0604 · Manufacturer Acting As Distributor
  20. 17-04c-0701 · Distributor Responsible For Tax
  21. 17-04c-0702 · Excise Tax Liability For Cigarette Inventory
  22. 17-04c-0801 · Federal Government
  23. 17-04c-0901 · Monthly Report For Resident Distributors
  24. 17-04c-0902 · Monthly Report For Nonresident Distributors
  25. 17-04c-0903 · Invoicing Requirements For Distributors
  26. 17-04c-0904 · Record Requirements For Distributors
  27. 17-04c-1001 · Return Unused Stamps: No Transfer
  28. 17-04c-1002 · Refunds Only To Licensed Distributors
  29. 17-04c-1003 · Mutilated But Identifiable Stamps
  30. 17-04c-1004 · Out-Of-State Shipments: No Refund
  31. 17-04c-1101 · Dealers On Trains
  32. 17-04c-1102 · Ocean-Going Vessels
  33. 17-04c-1201 · Identification Requirement For Each Machine
  34. 17-04c-1202 · Vending Machine Operators
  35. 17-04c-1203 · Distributors With Vending Machines
  36. 17-04c-1204 · Display Stamped Cigarettes In Machines
  37. 17-04c-1301 · Application Or Renewal Requirements For Wholesale…
  38. 17-04c-1401 · Invoice Requirement
  39. 17-04c-1402 · Sales To Licensed Dealers Only
  40. 17-04c-1403 · Manufacturers Acting As Retailer
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