ARSD § 64:44:01:02 — Minimum price on cigarettes

Pirnat, Marge
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2012-06-21T15:14:00Z
2012-06-21T15:14:00Z
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State of South Dakota
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64:44:01:02. Minimum
price on cigarettes. The distributor shall apply the following formulas to
establish the minimum price on all brands of cigarettes the distributor sells
in this state:
(1) The basic cost to the
distributor is the manufacturer's invoice price, less available manufacturer's
discounts, plus the state cigarette excise tax;
(2) The distributor may not
sell cigarettes for less than four percent above their basic cost if cigarettes
are sold to retailers at the distributor's warehouse;
(3) If cigarettes are
delivered to retailers, an additional one and one-half percent for cartage
shall be added to the basic cost.