Indiana Administrative Code
Title 45 - DEPARTMENT OF STATE REVENUE
Article 2.2 - SALES AND USE TAX
Rule 4 - Retail Transactions of Retail Merchant
Section 4-1 - Selling at retail; application
Universal Citation: 45 IN Admin Code 4-1
Current through March 20, 2024
Authority: IC 6-8.1-3-3
Affected: IC 6-2.5
Sec. 1.
(a) Where ownership of tangible personal property is transferred for a consideration, it will be considered a transaction of a retail merchant constituting selling at retail unless the seller is not acting as a "retail merchant".
(b) All elements of consideration are included in gross retail income subject to tax. Elements of consideration include, but are not limited to:
(1) The
price arrived at between purchaser and seller.
(2) Any additional bona fide charges added to
or included in such price for preparation, fabrication, alteration,
modification, finishing, completion, delivery, or other services performed in
respect to or labor charges for work done with respect to such property prior
to transfer.
(3) No deduction from
gross receipts is permitted for services performed or work done on behalf of
the seller prior to transfer of such property at retail.
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