N.J. Admin. Code § 18:24-7.20

Current through Register Vol. 56, No. 8, April 15, 2024

Section 18:24-7.20 - Exemption for certain buses

(a) Sales of buses for public passenger transportation to bus companies whose rates are regulated by the Surface Transportation Board of the United States or the New Jersey Department of Transportation are exempt from sales and use tax.

(b) Sales of buses to affiliates of companies referred to in (a) above or to common or contract carriers, for use in transporting children to and from school, are exempt from sales and use tax.

(c) Charges for repair services, or for repair and replacement parts, for the buses categorized in (a) or (b) above are exempt from sales and use tax.

(d) The seller must obtain a fully completed Exempt Use Certificate (Form ST-4) or other approved form from the purchaser to document why sales tax has not been collected on exempt purchases of buses, repair services, or repair parts and replacement parts.

N.J. Admin. Code § 18:24-7.20

Amended by 48 N.J.R. 824(a), effective 5/16/2016