N.J.A.C. 18:3-2.11 - Purchases or Sales in Bond

Purchases or sales in bond of alcoholic beverages stored in New Jersey, in a United States Internal Revenue or United States Customs Warehouse under Federal bond, not involving the actual delivery of the warehouse receipts, are exempt from the tax upon proof satisfactory to the Director that the alcoholic beverages have not been released from Federal bond. (See N.J.A.C. 18:3-8.17.)