S.D. Admin. R. 64:06:03:28

Current through Register Vol. 50, page 162, June 24, 2024

Section 64:06:03:28 - Mining companies

Mining companies are the consumers of all materials and supplies purchased for their mining operations except property which becomes a component part of the product produced for resale. As consumers, the mining companies must pay sales tax to suppliers or use tax to the state.

S.D. Admin. R. 64:06:03:28

SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 21 SDR 219, effective 7/1/1995.

General Authority: SDCL 10-45-47.1, 10-46-35.1.

Law Implemented: SDCL 10-45-2, 10-46-2.