I am a seller of equipment and machinery that qualifies for an exemption. When customers request the exemption, what description should they use for “Type of Tangible Personal Property Purchased?
The description of property purchased on a partial exemption certificate should be as clear as possible. If you are a retailer of packing equipment, the description on the partial exemption certificate should say “packing equipment.” If you are a retailer who sells many types of items, a description of the type of property sold should be acceptable. For example, if you operate a hardware store selling hand tools, nuts, bolts, and motor oil, all of which are purchased by a qualified person for a qualified use, the description on the partial exemption certificate could read “agricultural tools and parts for farm machinery and equipment.” You should consider taking a specific partial exemption certificate for large or unusual purchases. For example, a tractor dealer may want to obtain a specific partial exemption certificate on the sale of a farm tractor and rely on a blanket certificate for sales of tractor parts and tools. Similarly, if a customer insists on an exemption for property th
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