New Jersey Statutes Annotated (Tax)
N.J.S.A. § 54:32B-16
Records to be kept
16. Every person required to collect any tax imposed by this act shall keep records of every purchase, purchase for lease, sale or amusement charge or occupancy and of all amounts paid, charged or due thereon and of the tax payable thereon, in such form as the director may by regulation require. Such records shall include a true copy of each sales slip, invoice, receipt, statement or memorandum upon which subsection (a) of section 12 requires that the tax be stated separately. Such records shall be available for inspection and examination at any time upon demand by the director or his duly authorized agent or employee and shall be preserved for a period of four years, except that the director may consent to their destruction within that period or may require that they be kept longer.
L.1966, c.30, s.16; amended 1989, c.123, s.9; 2008, c.123, s.14.
Source: view the official text
In this chapter (40 sections)
- 54:32B-8.59 · Receipts from certain telecommunications services exempt
- 54:32B-8.6 · Casual sales, exemption from tax
- 54:32B-8.60 · Exemption of certain receipts to, by postconsumer…
- 54:32B-8.61 · Exemption for receipts from sale of video programming…
- 54:32B-8.62 · Exemption for receipts from sale of specified digital…
- 54:32B-8.63 · Tax exemption for certain breast pump supplies, repairs;…
- 54:32B-8.64 · Tax exemption for sales of certain materials used in…
- 54:32B-8.65 · Sale receipts of unit concrete products that utilize…
- 54:32B-8.7 · Utilities
- 54:32B-8.8 · Motor, airplane or railroad fuels
- 54:32B-8.9 · Exemption for certain sales from coin-operated vending…
- 54:32B-9 · Exempt organizations
- 54:32B-10 · Sale of motor vehicle, aircraft, boat, vessel, exemption…
- 54:32B-11 · Certain uses of property exempt from tax
- 54:32B-12 · Collection of tax from customer
- 54:32B-12.1 · Deduction from taxable sales for bad debts
- 54:32B-13. · Tax payment prerequisite to registration
- 54:32B-14 · Liability for tax
- 54:32B-14.1 · Tax treatment of certain purchases of natural gas,…
- 54:32B-15 · Certificate of registration; streamlined methods
- 54:32B-16 · Records to be kept
- 54:32B-17 · Returns; streamlined systems; amnesty
- 54:32B-18 · Payment of tax
- 54:32B-19. · Determination of tax
- 54:32B-20 · Refunds, credit
- 54:32B-20.1 · Credits for certain payments by remitters; no credit for…
- 54:32B-21. · Review of director's decision
- 54:32B-22 · Proceedings to recover tax
- 54:32B-23. · Actions for collection of tax
- 54:32B-24 · General powers of the director
- 54:32B-24.1 · Collection of retail sales tax; vendor liability
- 54:32B-25. · Reference to tax
- 54:32B-26. · Penalties and interest
- 54:32B-27. · Notice and limitations of time
- 54:32B-28. · Uniform act
- 54:32B-28.1 · Effective date of rate change; conformance with…
- 54:32B-28.2 · Application of definition of "lease or rental."
- 54:32B-29. · Severability clause
- 54:32B-37 · Sales and Use Tax Review Commission
- 54:32B-38 · Legislation review process