Who needs the Exemption Certificate?
The given Exemption Certificate is the West Virginia Consumers Sales and Service Tax and Use Tax form that must be completed by the purchaser in order to claim exemption form sales tax on purchases of otherwise taxable items. An Exemption Certificate can be filed only to request exemption from tax on a purchase of tangible property or services which will serve an exempt purpose as it is indicated on the form.
What is the purpose of the West Virginia Sales Tax Exemption Certificate?
The Exemption certificate form is necessary if the retailer (purchaser) is buying goods for resale, as it certifies that all the qualifications established to making sales tax-free purchases in West Virginia have been met. To be valid, the certificate must be verified by the seller from whom the purchase is being made.
Is the Exemption Certificate accompanied by any other forms?
While the purchaser is providing the exemption certificate for the vendor verification, there is no need to accompany the form by any other documents. Yet, logically, when the purchase is made appropriate confirmation of the deal - an invoice, a receipt, etc. can be added.
How to fill out the Sales Tax Exemption Certificate?
The Certificate of tax Exemption is a two-page form that requires collaborative filling out by the both parties: the purchaser and the vendor.
The vendor must indicate their name, address, date, and whether this was for a single purchase or blanket certificate.
The purchaser should indicate their tax identification number (TIN), their primary business activity, reasons for the sales tax exemption, and their business details (name, address, signature and title of the owner, partner, or officer of the corporation).
Where to send the completed Exemption Certificate?
The purchaser should first fill out their part of the exemption certificate and direct it to the seller for their verification and completion of their part. The completed document must be retained for at least three years.