N.J. Admin. Code § 18:24-2.11

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:24-2.11 - Waiver of recordkeeping requirements

(a) At any time, the Director may, at his or her discretion, consent to the disposal of individual sales records upon written application of the seller. Such written application shall include the following:

1. A statement of the reasons why it is impractical for the seller to retain documents for the periods required, including the specific period for which the seller wishes to dispose of records;

2. A detailed description of the method of collection of the sales tax from customers;

3. A detailed description of the seller's system of accounting for sales tax liability;

4. Samples of the sales documents, which the seller seeks authorization to dispose of; and

5. A sample of the summary records used by the seller to account for sales tax liability.

N.J. Admin. Code § 18:24-2.11

Amended by 48 N.J.R. 824(a), effective 5/16/2016