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For Immediate Release
October 5, 2009
Georgia – Manufacturing Exemption Revised
Georgia’s Department of Revenue has revised its Sales
and Use Tax Exemption Certificate for manufacturers to reflect a partial
exemption from sales and use tax on sales of natural or artificial gas,
certain types of fuel oil, propane, petroleum coke, and/or coal that is
used directly or indirectly in the manufacturing or processing of tangible
personal property, primarily for resale. The exemption runs from July 1,
2008, through December 31, 2010.
Also included is a portion of the fuel cost recovery
component of retail electric rates used directly or indirectly in the
manufacturing or processing of tangible personal property primarily for
resale.
The exemption does not apply to local sales and use
taxes.
The revised certificate also reflects the sales and use
tax exemption on machinery and equipment necessary and integral to the
manufacture of tangible personal property in a manufacturing plant,
including repair and replacement parts.
If you would like additional
information on this topic or have any questions,
please contact the taxdesk@thesaltgroup.com
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