Wholesaler and Retailer Requirements

(a) All wholesalers or distributors are required to pay the appropriate tax for each cigarette in its inventory, except as provided under 11 GCA § 26601(c) for inventory held in a warehouse under bond. Even though wholesalers are required to affix the stamps to cigarette packages prior to shipping to retail outlets, every cigarette retailer is responsible for inspecting their shipments upon receipt to ensure cigarette stamps have been properly affixed. Unstamped cigarette packages should be removed from inventory and set aside for return to the cigarette supplier. (b) Any cigarette retailer that fails to properly inspect and timely return any unstamped cigarette packages to the cigarette supplier within seven (7) days shall assume liability for any unstamped cigarette packages and be subject to penalties under 11 GCA § 6811. SOURCE: Added by P.L. 34-055:1 (Oct. 14, 2017) as § 6704, renumbered by the Compiler pursuant to the authority of 1 GCA § 1606. 2017 NOTE: The reference in subsection (b) was altered from the original enactment to correspond to the appropriate section number.