Refunds made by a retailer during the reporting period shall be allowed as a deduction in case the retailer included the receipts, for which a refund is made, in the net taxable sales or has previously paid the sales tax.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Source: SDC 1939, § 57.3310 as amended by SL 1967, ch 329, § 7.