When did the sales and use tax exemption for fuel and electricity consumed in manufacturing tangible personal property go into effect?
January 1, 2006. For purchases of natural gas or electricity consumed in manufacturing tangible personal property, the exemption applies beginning with the first billing you received with a billing date on or after January 1, 2006, regardless of when the natural gas or electricity was actually delivered to you. If the billing is mailed to you, the billing date is the date it is mailed. If the billing is sent by means other than mail, the invoice date is the billing date. For purchases of fuel other than natural gas, the exemption applies to purchases where you take possession of the fuel from the seller or the seller’s agent on or after January 1, 2006. A common carrier or the U.S. Postal Service is deemed to be an agent of the seller, regardless of any f.o.b. point and regardless of the method by which the freight or postage is paid. Example: Manufacturer ABC furnished a properly completed exemption certificate to Utility XYZ on December 20, 2005, claiming that 55% of the natural gas
January 1, 2006. For purchases of natural gas or electricity consumed in manufacturing tangible personal property, the exemption applies beginning with the first billing you received with a billing date on or after January 1, 2006, regardless of when the natural gas or electricity was actually delivered to you. If the billing is mailed to you, the billing date is the date it is mailed. If the billing is sent by means other than mail, the invoice date is the billing date. For purchases of fuel other than natural gas, the exemption applies to purchases where you take possession of the fuel from the seller or the seller’s agent on or after January 1, 2006. A common carrier or the U.S. Postal Service is deemed to be an agent of the seller, regardless of any f.o.b. point and regardless of the method by which the freight or postage is paid. Example: Manufacturer ABC furnished a properly completed exemption certificate to Utility XYZ on December 20, 2005, claiming that 55% of the natural gas
Related Questions
- Our company consumes fuel and electricity in our manufacturing process. What do we need to do in order to purchase our fuel and electricity without sales or use tax?
- When did the sales and use tax exemption for fuel and electricity consumed in manufacturing tangible personal property go into effect?
- When are occasional sales of tangible personal property or taxable services exempt from sales or use tax?
