15 AAC 50.110. Tax credits and refunds

(a) A person paying tax on cigarettes which are destroyed, or which are returned unsalable to the manufacturer, before sale, may claim a credit on a return of the tax paid on the destroyed or unsalable cigarettes.

(b) If a claim for credit is made for destroyed cigarettes, the claim for credit must be supported by a form issued by the U.S. Department of Treasury substantiating the destruction. If a claim for credit is made for cigarettes returned unsalable, the claim for credit must be supported by a credit invoice issued by the manufacturer.

(c) If a person is entitled to a credit under this section after having filed a final return under 15 AAC 50.120(e) , the person may claim a refund of the tax. A claim for refund must be filed on a form provided by the department and must include the number and circumstances of the cigarettes destroyed or returned unsalable. A claim for refund must also be supported by the forms and invoices required by (b) of this section.

History: Eff. 2/27/83, Register 85

Authority: AS 43.05.080

AS 43.50.090

AS 43.50.150

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