South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-47B-159

Fuel transactions to be supported by sales/purchase invoice--Copies--Required information

Each fuel transaction in this state or between an out-of-state supplier and importer shall be supported by a sales/purchase invoice. A copy of the invoice shall be maintained in the records of both the seller and the purchaser. The invoices shall be serially numbered and shall contain the following information:

# (1)

The seller's name and address;

# (2)

The seller's supplier's license number issued by the department if the fuel was sold at the pipeline or the seller's marketer's number if not sold at a pipeline;

# (3)

The purchaser's name and address;

# (4)

The date of sale and delivery of the fuel;

# (5)

The number of gallons of fuel sold and delivered to the purchaser, the type of fuel and if diesel whether it is dyed or not;

# (6)

The price charged per gallon of fuel;

# (7)

If charged, the amount of fuel or sales tax. Fuel tax shall either be listed separately or as a statement by the marketer that the price per gallon required under subdivision (6) of this section includes the South Dakota fuel tax; and

# (8)

The total amount of the sales invoice.

Last amended: Source: SL 1995, ch 71 , § 156; SL 1996, ch 90 , § 39; SL 1999, ch 58 , § 44; SL 2013, ch 59 , § 17.

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