Imposition; liability; payment; collection
Sec. 1. (a) An excise tax, known as the state gross retail tax, is
imposed on retail transactions made in Indiana.
(b) The person who acquires property in a retail transaction is
liable for the tax on the transaction and, except as otherwise provided
in this chapter, shall pay the tax to the retail merchant as a separate
added amount to the consideration in the transaction. The retail
merchant shall collect the tax as agent for the state.
As added by Acts 1980, P.L.52, SEC.1.
Last modified: May 28, 2006