The commissioner shall redeem any unused or mutilated, but
identifiable, stamps that any wholesaler or retail dealer may
present for redemption, on written verified requests made by the
purchaser, his administrators, executors, successors or assigns,
and refund therefor, ninety-five percent of the face value of said
stamps, less any discounts allowed on the purchase of said stamps.
The commissioner shall pay on a like basis for stamps destroyed by
fire or flood upon presentation of proof of such loss satisfactory
to him. Such payments shall, for the purposes hereof, be deemed to
be refunds of taxes improperly collected and shall be allowed and
paid from funds collected. Stamps or meter impressions on
cigarettes returned to the manufacturers will be subject to refund
upon the filing of an affidavit in duplicate issued by the
manufacturer evidencing the destruction of stamps or meter
impressions. A claim for refund or credit shall be subject to the
provisions of section fourteen, article ten of this chapter.