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I believe there is a specific situation in that you must have purchased the goods intending resale (see the other reply explaining raw goods) of a further finis
by gravitas 6y ago
I believe there is a specific situation in that you must have purchased the goods intending resale (see the other reply explaining raw goods) of a further finished good. Buying something as a consumer, (not) using it then reselling it later is taxable.
- gamblor956 6y agoIt's not enough to purchase the goods intending resale; you must also be registered as a reseller. In fact, if you can't provide a reseller's certificate (or license, the exact term depends on the state) then the seller generally must collect a sales tax on the sale.
- rgbrenner 6y agoCorrect.. and it's in that specific circumstance: where you are licensed, and for whatever reason the retailer charged you sales tax anyway on an item for resale... then you can file with the state to receive that money back. My point was that there's no reason any retailer or manufacturer would pay sales tax on the inputs for their goods.