18- 125 C.M.R. ch. 308, § 5

Current through 2024-51, December 18, 2024
Section 125-308-5 - Revocation of Direct Payment Permit
1. The holder of a direct payment permit who wishes to surrender such permit voluntarily must provide the State Tax Assessor with 30 days' notice.
2. The State Tax Assessor may revoke a direct payment permit at any time for failure of the taxpayer to comply with the conditions under which the permit was granted, or for any improper use of the permit.
3. Within 30 days after receipt by a permit holder of notice of revocation by the State Tax Assessor or within 30 days after receipt of the Assessor's permission for discontinuance of the direct payment permit by the taxpayer, the permit holder must:
A. Give notice to each supplier with whom it had transacted business pursuant to the direct payment authority, that subsequent to any appropriate effective date, it will no longer claim exemption from payment of tax by reason of a direct payment permit; and
B. Return the direct payment permit to the State Tax Assessor.

18- 125 C.M.R. ch. 308, § 5