Other merchandise for resale purchased from wholesalers shall be subject to whatever credit terms may be worked out with the supplier to the best advantage of the open mess. A certificate of exemption from state sales tax may be given to the vendor if required by him. Gross receipts from the sale of these items as well as all merchandise, supplies, and beverages sold by the open mess are subject to state and local excise taxes.

Cross-References: Retail sales and service tax, SDCL 10-45; Bimonthly return and remittance, SDCL 10-45-27.

Source: SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 154, effective July 1, 1986.

General Authority: SDCL 33-11-12.

Law Implemented: SDCL 33-11-12.