N.M. Admin. Code § 3.2.212.11

Current through Register Vol. 35, No. 24, December 23, 2024
Section 3.2.212.11 - SALE OF MEALS

The receipts from selling meals on a contract basis to a governmental agency are receipts from selling tangible personal property. Such receipts may be deducted from gross receipts. Receipts of a private supplier from furnishing meals to persons visiting a governmental agency may not be deducted from gross receipts pursuant to Section 7-9-54 NMSA 1978 unless the meal is sold to that governmental agency.

N.M. Admin. Code § 3.2.212.11

3/9/72, 11/20/72, 3/20/74, 7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/26/90, 11/15/96; 3.2.212.11 NMAC - Rn & A, 3 NMAC 2.54.11, 5/31/01