There is exempt from sales tax any replacement parts or goods transferred without cost to a purchaser for the replacement of faulty parts or equipment that prior thereto had been sold under a warranty or guarantee or condition and upon which original purchase or importation a sales or use tax was paid.
Tenn. Code Ann. § 67-6-323
[Reserved.]
Known as the Retailers' Sales Tax Act
The act spans §§ 67–67 (222 sections).
Applied in 1 court decision — leading case Texas Monthly, Inc. v. Bullock (1989)
Most recently applied in Texas Monthly, Inc. v. Bullock (February 1989)
Acts 1947, ch. 3, § 6; 1949, ch. 245, § 2; C
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.