Tenn. Comp. R. & Regs. 1320-05-01-.95 - USE OF PROPERTY UPON WHICH NO SALES OR USE TAX HAS BEEN PAID
When a person purchases tangible personal property upon which no Sales or Use Tax is paid, and which is used or consumed as tangible personal property subject to the Sales or Use Tax, such use must be reported and a tax paid thereon for the month in which the taxable use arose. It is the duty of the person to keep accurate records to show what determination is made of such property.
Notes
Authority: T.C.A. ยงยง 67-1-102, 67-6-201, and 67-6-402.
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