As used in this chapter, "net cost" means:

1. (1) the price a retailer paid to a wholesaler, manufacturer, or distributor for inventory; minus

2. (2) any discounts, retainage, and prepaid freight or return freight.

   [Pre-2008 Recodification Citation: 15-7-7-6.]

As added by P.L.2-2008, SEC.3.