3.2.209.16 NMAC

Section 16. Burner Fuel

Last amended: 2001Year: 2001Length: 52 wordsOfficial source
Receipts from selling burner fuel used to heat aggregates and asphalt to a 3.2.209 NMAC 3 person engaged in the construction business may not be deducted from gross receipts since burner fuel does not become an ingredient or component part of a construction project within the meaning of Section 7-9-51 NMSA 1978.
3.2.209.16 NMAC: Section 16. Burner Fuel | Justis AI