N.H. Code Admin. R. Rev 1004.03
Purchases of Tax Stamps on Credit
Effective Dec 1, 2023#1838, eff 10-19-81; ss by #2206, eff 12-12-82; ss by #4158, eff 11-3-86; ss by #4707, eff 11-21-89; ss by #5301, eff 12-26-91; ss by #6662, eff 12-25-97; ss by #8526, eff 12-21-05; ss by #10536, eff 3-6-14 (from Rev 1004.03); amd by #13049, eff 6-4-20 (see Revision Note #1 at chapter heading for Rev 1000); ss by #13817, eff 12-1-23 (formerly Rev 1005.03) (see Revision Note #2 at Chapter heading for Rev 1000)Department of Revenue Administration
(a) To open a credit account and charge purchases of tax stamps, wholesalers shall submit a written request to:
New Hampshire Department of Revenue Administration
Collections Division
P.O. Box 454
109 Pleasant Street
Concord N.H. 03302-0454.
(b) The request shall be accompanied by:
- (1) The wholesaler’s most recent financial statement prepared in accordance with generally accepted accounting principles;
- (2) The names, addresses and telephone numbers of 3 credit references; and
- (3) A completed Form CD-18, “Tobacco Tax Credit Bond”, in accordance with Rev 1008.07.
- (c) The department shall require the wholesalers to provide more current information of that which is requested in (b) above when the information submitted is not the most current.
- (d) The aggregate amount of purchases charged by a wholesaler shall not exceed 75% of the wholesaler’s bond amount.
- (e) The coverage of the bond shall include, in addition to the outstanding balance, interest pursuant to RSA 21-J:28, penalties pursuant to RSA 21-J:33, and costs, including, but not limited to, attorney’s fees.
- (f) Wholesalers may pay for orders charged to their credit account electronically through the automated clearing house (ACH) debit method by assessing the department’s Granite Tax Connect portal at gtc.revenue.nh.gov.
Source. #1838, eff 10-19-81; ss by #2206, eff 12-12-82; ss by #4158, eff 11-3-86; ss by #4707, eff 11-21-89; ss by #5301, eff 12-26-91; ss by #6662, eff 12-25-97; ss by #8526, eff 12-21-05; ss by #10536, eff 3-6-14 (from Rev 1004.03); amd by #13049, eff 6-4-20 (see Revision Note #1 at chapter heading for Rev 1000); ss by #13817, eff 12-1-23 (formerly Rev 1005.03) (see Revision Note #2 at Chapter heading for Rev 1000)