                                 CODE OF VIRGINIA

DOCUMENTS TOUCHING PURCHASE, SALE, ETC., OF CIGARETTES TO BE KEPT FOR THREE
YEARS, SUBJECT TO INSPECTION; PENALTY (§ 58.1-1007)

It shall be the duty of every person receiving, storing, selling, handling or
transporting cigarettes in any manner whatsoever, to preserve all invoices,
books, papers, cancelled checks, or other documents relating to the purchase,
sale, exchange, receipt or transportation of all cigarettes for a period of
three years. All such invoices, books, papers, cancelled checks or other
memoranda and records shall be subject to audit and inspection at all times by
any duly authorized representative of the Department, the Office of the Attorney
General, or the Department of Alcoholic Beverage Control or by a local cigarette
tax administrative or enforcement official. Any person who fails or refuses to
keep and preserve the records as required in this section shall be guilty of a
Class 2 misdemeanor. Any person who, upon request by a duly authorized agent who
is entitled to audit and inspect such records, fails or refuses to allow an
audit or inspection of records as provided in this section shall have his
stamping permit suspended until such time as the audit or inspection is allowed.
The Department may impose a penalty of $1,000 for each day that the person fails
or refuses to allow an audit or inspection of the records. The penalty shall be
assessed and collected by the Department as other taxes are collected.

HISTORY: Code 1950, §§ 58-757.4, 58-757.6; 1960, c. 392, §§ 4, 6; 1984, c.
675; 2005, c. 28; 2015, cc. 738, 754.