South Dakota Administrative Rules
Title 64 - REVENUE
Article 64:75 - Alcoholic beverages
Chapter 64:75:04 - Interpretive rules
Section 64:75:04:25 - Claim of loss by wholesalers

Universal Citation: SD Admin Rules 64:75:04:25
Current through Register Vol. 50, page 114, March 25, 2024

Any wholesaler who sustains a loss of stock due to breakage, spoilage, or any other cause which would render the wholesaler's stock unfit for resale and on which any alcohol taxes were paid shall report the loss monthly on a form approved or prescribed by the secretary. Each wholesaler shall report the date and cause of loss, total volume of alcoholic beverages lost by type, and total purchase price of alcoholic beverages lost by type. Any wholesaler who has filed loss claims may not dispose of the stock until an agent of the department has had an opportunity to audit the loss claim.

If the claim of loss is made by a retailer to a wholesaler, the claim shall be made within one week of receipt of the broken or damaged stock.

General Authority: SDCL 35-5-10, 35-10-1(6).

Law Implemented: SDCL 35-5-10, 35-10-1(6).

Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.