SUT-38 - Repair Parts Purchased by an Entity that Leases Tangible Personal Property

An entity that is engaged in leasing tangible personal property to others can purchase repair parts for such equipment using its certificate of resale. However, the entity cannot purchase repair labor on a resale certificate.

Reference: Tenn. Code Ann. § 67-6-313. Tenn. Comp. R. & Regs. 1320-05-01-.54.