Form Tt-14 - Monthly Report Of Non-Resident Cigarette Stamping Agent (Page 6 of 7) in pdf

INSTRUCTIONS FOR PREPARING FORM TT–14,

MONTHLY REPORT OF NON-RESIDENT

CIGARETTE STAMPING AGENT

Purpose

Line 3: Enter the sum of Lines 1 and 2.

Form TT-14, Monthly Report of Non-Resident

Line 4: Enter the balance of Virginia-stamped

Cigarette Stamping Agent, must be ﬁ led by all

inventory on hand as of the last day of the

entities that have been granted a Virginia Cigarette

month.

Tax Stamping Permit and whose business is

Line 5: Enter the difference between Lines 3 and

located outside of Virginia. Virginia based entities

4. Line 5 should balance with the total shown on

must ﬁ le a Form TT-13. See separate instructions

Schedule A.

for completing a Form TT-13.

A completed TT-14 must be received by the

Section II–Stamp Reconciliation

Department of Taxation by the twentieth of each

Please note that all entries are recorded in number

month to report stamping activity for the previous

of Virginia Cigarette Revenue Stamps.

month. All permit holders must ﬁ le a TT-14, even

if there was no stamping activity for the previous

Line 6: Enter your beginning Virginia Cigarette

month.

Revenue Stamp inventory.

This should equal

Line 11 from the previous month.

Line by Line Instructions

Line 7: Enter total number of Virginia Cigarette

Note:

It is recommended that the supporting

Revenue Stamps purchased during the month, as

schedules be prepared before completing the

reported on Schedule B.

Form TT-14.

Line 8: Enter the sum of lines 6 and 7.

Name and Address: Enter the stamping agent’s

full name and physical address (no post ofﬁ ce

Line 9: Enter total of Virginia Cigarette Revenue

boxes).

Stamps afﬁ xed during the month, as reported on

Schedule D.

Month/Year: Enter the month and year for which

you are reporting stamping activity.

Line 10:

Enter number of Virginia Cigarette

Revenue Stamps returned to the manufacturer or

Permit Number: Enter the permit number issued

Department of Taxation for credit. Enter any other

to you by the Virginia Department of Taxation.

inventory adjustments. All adjustments must be

explained in a separate attachment.

Section I – Cigarette Reconciliation

Line 11: Enter the result of Line 8 minus Lines

Please note that all entries are recorded in

9 and 10. This is your ending Virginia Cigarette

packages of cigarettes (not tax values):

Revenue Stamps inventory.

Line 1: Enter in appropriate twenty (20) or twenty-

Report Veriﬁ cation and Contact Information: The

ﬁ ve (25) pack columns all Virginia stamped

company representative submitting the TT-14 must

cigarette packs in inventory on the ﬁ rst day of the

print his or her name and title, and then sign and

reporting period.

date the report. The individual signing the report

Line 2: Enter the number of cigarette packs to

must be an ofﬁ cer or principal of the company.

which you afﬁ xed a Virginia Cigarette Revenue

The e-mail address and telephone number of the

Stamp during the month (Do NOT include

person to contact regarding the report must be

stamped product purchased from another entity).

provided. The TT-14 is not considered complete

The total on Line 2 should equal the total shown

until this veriﬁ cation information has been

on Schedule D.

provided.

Form Tt-14 - Monthly Report Of Non-Resident Cigarette Stamping Agent Page 6

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