17 NCAC 07D .0104          PURCHASES BY MANUFACTURERS

Purchases of tangible personal property by a manufacturer for use in its business are subject to either the sales or use tax or privilege tax.  A manufacturer who owes use tax must report and pay the tax in accordance with the filing requirements for a wholesale merchant.

 

History Note:        Authority G.S. 105-164.3; 105‑164.6; 105-187.50; 105-187.51; 105-187.51A; 105-187.52; 105‑262; Articles 39, 40, 42, 43, 44;

Eff. July 1, 2006.