Cal. Code Regs., tit. 18, § 1530 — Foundries

Reference: Sections 6007-6009, Revenue and Taxation Code.
Tax applies to fifty-five percent of the receipts from the sale of coke to foundries for use in the manufacture of castings by the cupola process, which percentage represents that portion of the coke that is consumed in the process. Tax does not apply to the remaining forty-five percent, which percentage represents that portion of the coke that is purchased by the foundries for resale.
History-Effective July 1, 1939.
Adopted as of January 1, 1945, as a restatement of previous rulings.
Amended by renumbering November 3, 1971, effective December 3, 1971.