35 Miss. Code R. § 4-11-04-105
Current through June 25, 2024
The gross income from repairs to vessels and barges engaged in foreign trade or interstate transportation are exempt. "Gross income from repairs" means income from the sale of repair or replacement parts as well as income from repair services. Additional equipment and the installation thereof are taxable at the regular retail rate. Repairs to other vessels are taxable.
35 Miss. Code. R. § 4-11-04-105