§ 150-630. Maintenance of records by dealers; cost of audit thereof.

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Every dealer is hereby required to maintain his records in such manner and in such detail as will permit the director or his duly authorized agents to readily verify the correctness of any tax as may be due and assessable under this article. The dealer's records shall be maintained in such manner as to readily reflect gross sales, and other records as will segregate and make readily available for audit all details for any deduction taken from gross sales, and the total of such items shall be reflected on the monthly tax returns filed as required under this article. Upon the failure of any dealer to comply with the provisions of this section, and because of such failure upon the part of such dealer, it becomes necessary for the director or his duly authorized agents to establish, by detailed audit, the correctness of such gross sales and deductions claimed, then, in that event, the cost of such audit shall be borne by and assessable against such dealer.

(Code 1956, § 56-53.1)

                    
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