Section 10. Treatment For Inhibiting Corrosion

Receipts from selling chemicals or reagents used in treating oil wells for purposes of inhibiting or removing scale or corrosion, removing paraffin deposits and breaking down the oil-water-sludge demolition into separate components are not receipts from selling chemicals or reagents for use in acidizing the wells pursuant to Section 7-9-65 NMSA 1978. However, receipts from selling these chemicals or reagents in lots in excess of eighteen tons may be deducted from gross receipts pursuant to Section 7- 9-65 NMSA 1978.