Requirements for extension

SDCL § 10-45-101, under RETAIL SALES AND SERVICE TAX.

SDCL § 10-45-101

The extension pertains only to equipment and machinery purchased and installed after July 1, 2001. No extension may be made unless: (1) The project cost exceeds twenty thousand dollars; and (2) The business applying for the extension obtains a permit from the secretary as set forth in § 10-45-103 . Source: SL 2001, ch 57 , § 4.