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STATE OF SOUTH CAROLINA ST387 DEPARTMENT OF REVENUE APPLICATION FOR SALES TAX EXEMPTION UNDER CODE SECTION 12362120(41) “EXEMPT ORGANIZATIONS (Rev. 6/4/02) 5061 Name of Organization: Location Address:
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How to fill out st-387
How to fill out st-387
01
To fill out ST-387, follow these steps:
02
Start by entering the date in the 'Date' field at the top of the form.
03
Provide your personal information such as name, address, and contact details in the respective fields.
04
Next, enter the details of the goods or services being sold or purchased in the 'Description' field.
05
Specify the quantity and unit price of each item or service in the appropriate columns.
06
Calculate the total amount by multiplying the quantity with the unit price and enter it in the 'Total' column.
07
If applicable, include any discounts or taxes by entering them in the respective fields.
08
Finally, sign and date the form to confirm its accuracy and completeness.
09
Note: It is advisable to consult the official guidelines or seek professional assistance when filling out ST-387 to ensure compliance with relevant regulations.
Who needs st-387?
01
ST-387 is required by individuals or businesses engaged in the sale or purchase of goods or services.
02
It is commonly used for tax purposes or to maintain records of transactions.
03
Various entities such as retailers, wholesalers, service providers, or even individuals conducting occasional sales may need to fill out ST-387.
04
It is important to check with the respective tax authorities or consult local regulations to determine specific requirements.
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What is st-387?
ST-387 is a form used to report sales tax information to the government.
Who is required to file st-387?
Businesses that collect and remit sales tax are required to file ST-387.
How to fill out st-387?
ST-387 can be filled out electronically or by hand depending on the requirements of the tax authority.
What is the purpose of st-387?
The purpose of ST-387 is to report sales tax information accurately to the government for tax purposes.
What information must be reported on st-387?
ST-387 requires information such as total sales, taxable sales, and sales tax collected.
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