NCDOR is Experiencing High Call Volume
NCDOR is experiencing a high volume of calls which may result in longer than expected wait times. We apologize for any inconvenience this may cause.
This document serves as notice that effective October 1, 2015, N.C. Gen. Stat. § 105-164.4I(b), as amended, provides the sale at retail or the storage, use, or consumption in this State of a service contract for a qualified jet engine is exempt from sales and use tax. At the time of this notice, N.C. Gen. Stat. § 105-164.3(38b) defines “service contract” as “[a] contract where the obligor under the contract agrees to maintain or repair tangible personal property or a motor vehicle. Examples of a service contract include a warranty agreement other than a manufacturer’s warranty or dealer’s warranty provided at no charge to the purchaser, an extended warranty agreement, a maintenance agreement, a repair contract, or a similar agreement or contract.”