Tenn. Comp. R. & Regs. 1320-05-01-.62 - SALES FOR RESALE
(1) "Sales for
resale" means those whereby a supplier of materials, supplies, equipment and
services makes such tangible personal property or services available to
legitimate dealers actually selling such property or services as such, or which
becomes an industrial material or supply in a manufacturing or processing
operation.
(2) The price which a
vendor charges his vendee for tangible personal property or services, whether
it is a "retail" or "wholesale" price, or the quantity of such property or
services sold to the vendee, may not be used to determine whether a sale is a
"sale for resale."
Notes
Authority: T.C.A. ยงยง67-101 and 67-3045.
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