<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-45-61.1 - Exemption certificate--Timing--Alternative Information. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2079953Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2079953SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2079953CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2079953Statute { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2079953DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2079953StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2079953StatuteNumber2 { margin-left: 1.25in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2079953000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2079953DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2079953SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2079953Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-45-61"><span class="s2079953SENU">10-45-61.1</span></a><span xml:space="preserve" class="s2079953SENU">. </span><span class="s2079953CL">Exemption certificate--Timing--Alternative Information.</span></p><p dir="ltr" class="s2079953Statute"><span xml:space="preserve" class="s2079953DefaultParagraphFont">Notwithstanding the provisions of §§ 10-45-61, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-59-3"><span class="s2079953DefaultParagraphFont">10-59-3</span></a><span xml:space="preserve" class="s2079953DefaultParagraphFont">, and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-59-7"><span class="s2079953DefaultParagraphFont">10-59-7</span></a><span class="s2079953DefaultParagraphFont">, if the seller has not obtained an exemption certificate or all relevant data elements for an exemption certificate, the seller may, within one hundred twenty days subsequent to a request for substantiation by the Department of Revenue, do either of the following:</span></p><p dir="ltr" class="s2079953StatuteNumber1"><span class="s2079953DefaultParagraphFont">(1)    Obtain a fully completed exemption certificate from the purchaser, taken in good faith which means that the seller obtained a certificate that claims an exemption that:</span></p><p dir="ltr" class="s2079953StatuteNumber2"><span class="s2079953DefaultParagraphFont">(a)    Was statutorily available on the date of the transaction in the jurisdiction where the transaction is sourced;</span></p><p dir="ltr" class="s2079953StatuteNumber2"><span class="s2079953DefaultParagraphFont">(b)    May be applicable to the item being purchased; and</span></p><p dir="ltr" class="s2079953StatuteNumber2"><span class="s2079953DefaultParagraphFont">(c)    Is reasonable for the purchaser's type of business; or</span></p><p dir="ltr" class="s2079953StatuteNumber1"><span class="s2079953DefaultParagraphFont">(2)    Obtain other information establishing that the transaction was not subject to the tax.</span></p><p dir="ltr" class="s2079953Statute"><span class="s2079953DefaultParagraphFont">Any exemption certificate presented after one hundred twenty days need not be considered by the department.</span></p><p dir="ltr" class="s2079953Normal"><span xml:space="preserve" class="s2079953000000"> </span></p><p dir="ltr" class="s2079953Normal"><span xml:space="preserve" class="s2079953DefaultParagraphFont-000001">Source: </span><span class="s2079953SCL">SL 2007, ch 59, § 1; SL 2020, ch 35, § 1.</span></p></div></body></html>