N.M. Admin. Code § 3.2.209.17
Current through Register Vol. 35, No. 23, December 10, 2024
Receipts from selling survey supplies used to survey a construction project to a person engaged in the construction business may not be deducted from gross receipts because such survey supplies do not become an ingredient or component part of the construction project within the meaning of Section 7-9-51 NMSA 1978.
N.M. Admin. Code § 3.2.209.17