Stamps

(1) A stamp shall be issued by the Department of Revenue to evidence payment of the tax specified by T.C.A. §67-4-504, for each device. An identifiable whole stamp must be affixed to each device in such a manner as to be clearly visible for inspection. (2) A stamp shall not be transferred from one owner to another. If a device is sold, the owner must remove the stamp from the device. (3) In the event any stamp is mutilated or damaged, the owner of the stamp may apply to the privilege tax section of the Department of Revenue for replacement. Application for the replacement stamp shall be made under oath on a form to be provided by the department and must be accompanied by the mutilated or damaged stamp and a fee of three dollars ($3.00). If the department determines that the person applying for the replacement stamp is the owner of the stamp, and if a sufficiently large portion of the mutilated or damaged stamp is surrendered to allow the department to identify the stamp number, a replacement stamp shall be issued. If a stamp is stolen, lost, or so damaged as to be unidentifiable, a replacement stamp will not be issued and a new stamp must be purchased.