006.05.06 Ark. Code R. 005-GR-60

Current through Register Vol. 49, No. 10, October, 2024

Rule 006.05.06-005-GR-60 - EXEMPTIONS FROM TAX - MANUFACTURING EXEMPTIONS - SPECIFIC BUSINESSES - RICE, SOYBEANS, AND GRAIN DRYING

A. The following machinery and equipment purchased and used by rice driers, soybean driers, and other grain driers constitutes machinery and equipment used directly in the process of drying those grains:

1. Bins in which the grain is dried;

2. Control panels and motors utilized to operate the grain drying process;

3. Conveyor systems used during the drying process in the bins.

B. The following machinery and equipment purchased and used by rice driers, soybean driers, and other grain driers does not qualify for this exemption:

1. Scales used to weigh grain before drying process begins;

2. Conveyor systems used to transport grain to and from storage bins, freight cars, or trucks;

3. Machinery and equipment purchased for use in unloading grain from trucks or freight cars (i.e., hydraulic lifts, bottom dumps, prods used to test grains before the process begins); and

4. Bins not used for drying.

C. In all events, the machinery and equipment purchased and used by rice driers, soybean driers, and other grain driers must satisfy the requirements of rule number GR-55.

006.05.06 Ark. Code R. 005-GR-60

Ark. Code Ann. § 26-52-402