New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 214 - DEDUCTION - GROSS RECEIPTS TAX - INTRASTATE TRANSPORTATION AND SERVICES IN INTERSTATE COMMERCE
Section 3.2.214.10 - REPAIR OF DAMAGED HOUSEHOLD EFFECTS
Universal Citation: 3 NM Admin Code 3.2.214.10
Current through Register Vol. 35, No. 18, September 24, 2024
When damage occurs to personal effects during transit by an interstate carrier and the carrier is required to hire a repair facility to restore the damaged articles, receipts of the repair facility are not deductible pursuant to Section 7-9-56 NMSA 1978. Such receipts are not from transporting property in interstate commerce or performing accessorial services under a single contract. The interstate carrier cannot issue a nontaxable transaction certificate pursuant to Section 7-9-48 NMSA 1978 since it is not reselling but is consuming the repair service.
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