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§ 10-45-1.2 Gross receipts not to include refunded sale price of property.

SD Codified L § 10-45-1.2 (2019) (N/A)
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10-45-1.2. Gross receipts not to include refunded sale price of property. For purposes of the tax imposed by this chapter, the sale price of property returned by customers are not gross receipts if the full sale price thereof is refunded either in cash or by credit.

Source: SL 2002, ch 64, § 15.

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§ 10-45-1.1 Gross receipts not to include late charge fees.
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§ 10-45-1.3 Gross receipts not to include credit or trade-in value of certain personal property.