35 Miss. Code R. § 4-07-03-503
Current through June 25, 2024
Purchases by manufacturers of raw materials which become a component part of the finished product, containers for sale with the finished product, or catalysts, chemicals or gases used directly in processing (except natural gas or items used as a fuel) are exempt from sales or use tax. Purchases of electric power or other fuel and machinery or machine parts used directly in the manufacturing process are taxable at the special 1 1/2% rate of sales or use tax. Purchases of all other equipment and supplies (furniture, fixtures, cleaning materials, etc.) are taxable at the regular retail rate of tax.
35 Miss. Code. R. § 4-07-03-503