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South Dakota Administrative Rules — Title 64 (Revenue)

ARSD § 64:06:01:41

Returned merchandise

Official textsdlegislature.gov

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64:06:01:41. Returned merchandise. If a retailer sells tangible personal property or any product transferred electronically and the goods are returned by the customer, the transaction is handled as follows:

(1) If the retailer has included in gross sales the total selling price of the property and has remitted sales tax to the department, the retailer may claim a credit as returned goods for the amount of the sale on a subsequent sales and use tax return if sales tax was returned to the purchaser at the time the goods were returned; and (2) If a retailer makes a time sale and has included in the gross receipts only the amount of each payment actually received from the time sale, the retailer may claim a credit as returned goods on a subsequent sales and use tax return the amount of the sale reported on prior sales and use tax returns if the retailer has returned to the customer the tax which the retailer collected on payments previously received from the customer.

Last amended: Source: SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995; 28 SDR 178, effective July 1, 2002; 32 SDR 225, effective July 3, 2006; 35 SDR 48, effective September 8, 2008. General Authority: SDCL 10-45-47.1(2) , 10-45D-13(3) , 10-46E-11(3) , 10-52A-7(3). Law Implemented: SDCL 10-45-29 , 10-45D-12 , 10-46E-8 , 10 -52A-6.

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In this chapter (40 sections)
  1. 64:06:01:21 · Certain organizations not exempt from sales or use tax
  2. 64:06:01:22 · Repealed
  3. 64:06:01:23 · Intrastate sales -- Sale and delivery in South Dakota
  4. 64:06:01:24 · Interstate sales -- Originating in South Dakota
  5. 64:06:01:25 · Interstate sales -- Originating in other states
  6. 64:06:01:26 · Repealed
  7. 64:06:01:27 · Repealed
  8. 64:06:01:28 · Repealed
  9. 64:06:01:29 · Municipal tax -- Administration and reporting
  10. 64:06:01:30 · Municipal tax -- No special permit required
  11. 64:06:01:31 · Municipal tax -- Credit for tax previously paid
  12. 64:06:01:32 · Repealed
  13. 64:06:01:33 · Permit for each place of business in state
  14. 64:06:01:34 · Credit for tax previously paid
  15. 64:06:01:35 · Required records for sales, rentals, and leases
  16. 64:06:01:36 · Repealed
  17. 64:06:01:37 · Refunds to consumers
  18. 64:06:01:38 · Relief agencies
  19. 64:06:01:39 · Return of tax reports and telecommunications access fees
  20. 64:06:01:40 · Preparation of return
  21. 64:06:01:41 · Returned merchandise
  22. 64:06:01:42 · Representing out of state dealers -- Extra permits
  23. 64:06:01:43 · Sales by loan or finance companies
  24. 64:06:01:44 · Sale of business permit not transferable
  25. 64:06:01:45 · Repealed
  26. 64:06:01:46 · Repealed
  27. 64:06:01:47 · Transferred
  28. 64:06:01:48 · Transferred
  29. 64:06:01:49 · Student sororities and fraternities
  30. 64:06:01:50 · Tax on gross receipts
  31. 64:06:01:51 · Repealed
  32. 64:06:01:52 · Transferred
  33. 64:06:01:54 · Temporary tax permits
  34. 64:06:01:55 · Temporary tax permit -- Application
  35. 64:06:01:56 · Bond -- Cancellation
  36. 64:06:01:57 · Transferred
  37. 64:06:01:58 · Reimbursement for expenditures
  38. 64:06:01:59 · Newspaper sales
  39. 64:06:01:60 · Gross receipts tax on visitor-related businesses -- No…
  40. 64:06:01:61 · Application of sourcing rules
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