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that's a purchase license, correct? Is it also required in order to possess ammunition or ammunition components? In other words, if you drove to another state and stocked up with ammo and reloading components, then drove back home, would you be breaking the law if you didn't have that license?
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Purchase or possession - so yes, you would be breaking the law if you purchase ammo or components here in NH (for example) and then return to Massachusetts, unless you have the appropriate license. For that reason, some shops in NH, particularly those near the state line, will ask for proof of NH residency or the correct Mass license when selling ammo, even though they're not legally required to.
The statute is Chapter 140, Section 131 of the Mass. General Laws.