Stamp Inventory

Sections 63-2510, 63-2510A, Idaho Code 01. Obtaining Stamps. Cigarette stamps may only be obtained from the Boise office of the Tax Commission. Failure to file a cigarette tax return or pay the tax on a timely basis will result in no additional stamps being issued by the Tax Commission to a wholesaler until clear and convincing evidence is received by the Tax Commission that the return has been filed and the tax has been paid. (7-1-25) 02. Unused Stamp Inventory. A wholesaler may not hold an inventory of unused Idaho cigarette stamps exceeding the face value of their bond. If no bond is required a, wholesaler’s inventory of unused Idaho cigarette stamps cannot exceed two (2) times the wholesaler’s average monthly tax liability. (7-1-25) 03. Repayment of Allowance. The Tax Commission will reduce all credit or refund claims for stamps affixed to packages of cigarettes by the discount for affixing stamps. (7-1-25) 04. Physical Security. A wholesaler is responsible for the face value of all stamps received from the Tax Commission and for providing physical security for the stamps in the wholesaler’s possession. (7-1-25) 05. Unusable Stamps. Stamps that are unused, unfit, or damaged may be returned to the Tax Commission. If stamps cannot be returned to the Tax Commission, the wholesaler will submit a request for stamp destruction on a Tax Commission prescribed form. Destruction of stamps cannot take place without approval from the Tax Commission. The wholesaler may make the adjustment on the next monthly tax return, provided the approval documentation is attached to the return. (7-1-25)