58.1-619 - Returned goods.
§ 58.1-619. Returned goods.
In the event purchases are returned to the dealer by the purchaser orconsumer after the tax imposed by this chapter has been collected or chargedto the account of the purchaser, the dealer shall be entitled toreimbursement of the amount of tax so collected or charged by him, in themanner prescribed by the Tax Commissioner. The amount of tax so reimbursed tothe dealer shall not, however, include the tax paid upon any cash retained bythe dealer after such return of merchandise. In case the tax has not beenremitted by the dealer, the dealer may deduct the same in submitting hisreturn. The dealer shall be issued an official credit memorandum by the TaxCommissioner equal to the net amount remitted by the dealer for such taxcollected. Such memorandum shall be accepted at full face value from thedealer to whom it is issued when such dealer remits subsequent taxes underthe provisions of this chapter. In case the dealer has retired from businessand has filed a final return, a refund of tax may be made if the dealer canestablish that the tax was not due.
(Code 1950, § 58-441.22; 1966, c. 151; 1984, c. 675.)