Deduction allowed for sales refunds

SDCL § 10-45-29 — under RETAIL SALES AND SERVICE TAX.

SDCL § 10-45-29

Refunds made by a retailer during the reporting period shall be allowed as a deduction in case the retailer included the receipts, for which a refund is made, in the net taxable sales or has previously paid the sales tax. Source: SDC 1939, § 57.3310 as amended by SL 1967, ch 329 , § 7.