17 NCAC 07B .1305          FOREIGN COMMERCE: PURCHASES FOR EXPORT

Tangible personal property purchased for export and exempt from sales tax pursuant to G.S. 105‑164.13(33) will lose its exemption if it is not exported within 90 days of purchase.  Such property would then become subject to the applicable state and local use tax payable directly to the Department.

 

History Note:        Authority G.S. 105‑164.4; 105‑164.6; 105‑164.13; 105‑262;

Eff. October 1, 1993.