New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 5 - CIGARETTE TAX ACT RULES
Subchapter 7 - RECORDS
Section 18:5-7.3 - Wholesale dealer records
Universal Citation: NJ Admin Code 18:5-7.3
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Licensed wholesale dealers must maintain and preserve for a period of four years, and make accessible for inspection at all reasonable times, the following records:
1. The
invoices and bills of lading covering all purchases of cigarettes;
2. The invoices and bills of lading together with
an accurate record of all sales of cigarettes; and
3. The record of the names, addresses, and current
license numbers of all retail customers.
(b) Each sale of cigarettes at wholesale must be accompanied by a completed invoice indicating among other things:
1. The person to whom the cigarettes were
sold;
2. The address of the
purchaser;
3. The date of
sale;
4. The quantity sold;
5. The brand name; and
6. The price charged.
(c) If a licensed wholesale dealer is also the holder of a retail dealer's license and sells cigarettes directly to consumers, there must be prepared an invoice or a memorandum showing the transfer of cigarettes from the wholesale to the retail activity.
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