Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Sales and Use Tax Annotations


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P

440.0000 PROPERTY USED IN MANUFACTURING—Regulation 1525

Annotation 440.0300

(a) MANUFACTURING AIDS

(3) Matrices, Molds, Models

440.0300 Mold for Castings. A foundry receives an order for a mold and for castings to be produced from the mold, certifying that both items are for resale. After making the mold, a sample casting is poured as proof to the customer that the mold is satisfactory. Foundry then invoices the customer for the mold and thereafter uses the mold to produce the castings.

The sale of the mold to the customer is a taxable sale and not a sale for resale as the customer uses the mold prior to any resale thereof by permitting the foundry to use the mold to produce castings.

The customer's resale certificate is applicable only to the castings. 8/24/55.