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BTLG Table of Contents > Sales and Use Tax Annotations > T > 545.0000 "Tax-Paid Purchases Resold" > Annotation 545.0048

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545.0000 "Tax-Paid Purchases Resold"—Regulation 1701

Annotation 545.0048

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545.0048 Sales from Inventory of Spare and Replacement Parts. A manufacturer maintains a tax paid inventory of spare and replacement parts. The manufacturer is allowed to take a "tax paid purchase resold" deduction when such spare and replacement parts are sold. Spare and replacement parts in the manufacturer's stores inventory are not considered to be in "standby service" as set forth under Regulation 1701(c) which precludes a tax paid purchase resold deduction from being taken. 10/20/83.