Form 73a420 - Instructions For Monthly Report Of Cigarette Wholesaler - 2012

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Instructions For Monthly Report
73A420 (2-12)
Commonwealth of Kentucky
of Cigarette Wholesaler
DEPARTMENT OF REVENUE
Section I
This section is used to report the number of packages of unstamped and stamped cigarettes received and sold
during the month.
Entries relating to unstamped cigarettes are made in the unstamped packages column. Cigarettes bearing
Kentucky stamps are accounted for in column (a). If cigarettes are distributed into states other than Kentucky,
resident wholesalers must enter the name(s) of the state in columns (b) and (c) with an accounting of the cigarettes
stamped and distributed into each state. Nonresident wholesalers may omit columns (b) and (c). Column (d) is a
total of columns (a), (b), and (c).
On line 1, list the number of unstamped and stamped packages of cigarettes in inventory as of the first day of the
month. These amounts should be entered in their respective columns.
On line 2, list the total number of packages received during the month. Resident wholesalers itemize this total on
the reverse side of the form in Schedule A. If only unstamped cigarettes are received, show the entire quantity in unstamped
packages column. Enter cigarettes purchased with stamps affixed in column (a), (b), and (c).
On line 3, enter the total of lines 1 and 2 for both stamped and unstamped cigarettes in the respective columns.
On line 4, unstamped packages column, list the total unstamped packages stamped regardless of the state for
which stamped. The amounts shown in columns (a), (b), and (c) must equal the amount shown in unstamped packages
column as the cigarettes, when stamped, are transferred to the stamped column(s).
On line 5, unstamped packages column, list the total packages remaining unstamped (line 3 less line 4). In columns
(a), (b), and (c), show the total of lines 3 and 4.
On line 6, list the total packages sold. If any tax-exempt cigarettes are sold, show the number of packages in
unstamped packages column. Enter the amounts for each state in the respective column.
On line 7, if any cigarettes were returned to the manufacturer, list them in their respective column.
On line 8, show the remaining balance in each column (line 5 minus lines 6 and 7).
On line 8(a), enter the actual inventories of unstamped and stamped packages on the date of inventory taking.
If the amounts shown on lines 8 and 8(a) are different, give an explanation; attach a separate sheet if additional
space is needed.
Section II
This section is used to report the quantities of stamps purchased and affixed during the month for each state.
Nonresident wholesalers may omit all columns except column (a).
On line 9, enter the number of unaffixed stamps in inventory as of the first day of the month. Show quantities held
for each state.
On line 10, enter the number of unaffixed stamps purchased during the month for each state.
On line 11, enter the total of lines 9 and 10.
On line 12, enter the number of stamps affixed during the month for each state.
On line 13, show the remaining balance in each column (line 11 minus line 12).
On line 13(a), enter the actual inventories of unaffixed stamps and the date of inventory taking. Date should be the
same as line 8(a).
If the amounts shown on lines 13 and 13(a) are different, give an explanation; attach a separate sheet if additional
space is needed.
Section III
This section is for the Cigarette Enforcement and Administration Fee.
All cigarette wholesalers and unclassified acquirers are required to report and pay a “Cigarette Enforcement and
Administration Fee” for each package of cigarettes to which Kentucky tax evidence is affixed (KRS 365.390). The “fee” rate
is established annually by the Commissioner of Revenue.
On line 14, enter the total number of stamps affixed during the month for Kentucky. This should be the same number
as in column (a), lines 4 and 12.
On line 15, compute the total fee due. Multiply line 14 by the current fee ($0.003) established annually by the
Commissioner of Revenue.

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