N.J. Admin. Code § 18:24-31.6 - Exemption for retail sales of building materials to or for a qualified business

(a)N.J.S.A. 54:32B-8.22 provides an exemption from sales and use tax on sales of materials, supplies, or services to contractors or repairmen for exclusive use in erecting structures, or building on, or otherwise improving, altering, or repairing real property of a qualified business within an enterprise zone. (see N.J.A.C. 18:24-5.3)

(b) Purchasers of materials, supplies, or services to be used for construction, alteration, and repair of structures and real property of a qualified business within an enterprise zone shall issue a fully completed Contractor's Exempt Purchase Certificate, Urban Enterprise Zone, (Form UZ-4) to the seller or supplier.

(c) The benefits set forth in this section are not available to qualified businesses within a UEZ-impacted district.

Notes

N.J. Admin. Code § 18:24-31.6

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