810-6-1-.80.02.  Materials Purchased by Manufacturers and Compounders for Use as Rust Preventatives or Protective Coatings.

Materials, including grease and other petroleum products, purchased by manufacturers or compounders for use as a rust preventative or a protective coating for metal products while in storage or in shipment are exempt from sales or use tax when they remain on the final product manufactured or compounded for sale. (Sections 40-23-1(a)(9)b and 40-23- 60(4)b) (Adopted through APA effective January 27, 1998)