(e) Direct Pay Permits are not assignable and are not transferable. As an
illustration, a construction contractor shall not make purchases using a
customer's Direct Pay Permit.
(f) A Direct Pay Permit is valid until it is revoked by the Department or
until the holder notifies the Department in writing that the holder is
withdrawing from the Direct Payment Program. A Direct Pay Permit can be
revoked by the Department, after notice and hearing, if the holder violates any
provision of this Act, any provision of the Illinois Use Tax Act, or any
provision of any Act imposing a local retailers' occupation tax administered by
the Department.
(g) The holder of a Direct Pay Permit who has been relieved of paying tax to
a retailer on a purchase for use or consumption by representing to that
retailer that it would pay all applicable taxes directly to the Department
shall pay those taxes to the Department not later than the 20th day of the
month following the month in which the purchase was made. Permit holders
making such purchases are subject to all provisions of this Act, and the tax
must be reported and paid as retailers' occupation tax in the same manner that
the retailer from whom the purchases were made would have reported and paid it,
including any local retailers' occupation taxes applicable to that retail sale.
Notwithstanding any other provision of this Act, Permit holders shall make all
payments to the Department through the use of electronic funds transfer.
(Source: P.A. 92-484, eff. 8-23-01.)
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