S.D. Admin. R. 64:75:04:25
Any wholesaler who sustains a loss of stock due to breakage, spoilage, or any other cause which would render the wholesaler's stock unfit for resale and on which any alcohol taxes were paid shall report the loss monthly on a form approved or prescribed by the secretary. Each wholesaler shall report the date and cause of loss, total volume of alcoholic beverages lost by type, and total purchase price of alcoholic beverages lost by type. Any wholesaler who has filed loss claims may not dispose of the stock until an agent of the department has had an opportunity to audit the loss claim.
If the claim of loss is made by a retailer to a wholesaler, the claim shall be made within one week of receipt of the broken or damaged stock.
S.D. Admin. R. 64:75:04:25
General Authority: SDCL 35-5-10, 35-10-1(6).
Law Implemented: SDCL 35-5-10, 35-10-1(6).