Regulation 8A-450.5 Rental, Leasing, and Licensing for Use of Tangible Personal Property: Delivery, Installation, Repair, and Maintenance Charges.
a. Delivery and installation charges in connection with the rental, leasing, and licensing of tangible personal property are exempt from the tax imposed by Section 8A-450; provided, that the provisions of Regulation 8A-100.2 have been met.
b. Gross income from the sale of a warranty, maintenance, or similar service contract in connection with the rental, leasing, and licensing of tangible personal property shall be exempt.
c. Separately stated charges for repair not included as part of a warranty, maintenance, or similar service contract relating to the rental, leasing, or licensing of tangible personal property are exempt from the tax imposed by Section 8A-450; however, such income is subject to the provisions of Sections 8A-460 and 8A-465, and the provisions of Regulation 8A-465.1. ((O)08-08, 04/16/2008)