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BTLG Table of Contents > Sales and Use Tax Annotations > R > 490.0000 Returns, Defects and Replacements > Annotation 490.0180

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R

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490.0000 Returns, Defects and Replacements—Regulation 1655

Annotation 490.0180

(a) Returned Merchandise

(2) "Full Sale Price"

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490.0180 Rental Charge. When a sale of equipment is rescinded and a rental is substituted as a charge for use of the equipment, no refund is allowable. A charge for usage or "rent" is inconsistent with the requirements of section 6012 that for a returned merchandise deduction there be a return of the "full sale price." 5/17/57.