Rainchecks. A raincheck is a means to allow a customer to purchase an item at a certain price at a later time because the particular item was out of stock. Eligible property that is purchased during the exemption period with use of a raincheck qualifies for the exemption regardless of when the raincheck was issued. Issuance of a raincheck during the exemption period does not qualify eligible property for the exemption if the property is purchased after the exemption period.
Appears in 6 contracts
Samples: Streamlined Sales and Use Tax Agreement, Streamlined Sales and Use Tax Agreement, Streamlined Sales and Use Tax Agreement
