NMSA 1978, § 7-9-75 — 7-9-75

Deduction; gross receipts tax; sale of certain services
performed directly on product manufactured.
Receipts from selling the service of combining or processing components or
materials may be deducted from gross receipts if the sale is made to a person engaged
in the business of manufacturing who delivers a nontaxable transaction certificate to the
seller. The buyer delivering the nontaxable transaction certificate must have the service
performed directly upon tangible personal property which he is in the business of
manufacturing or upon ingredients or component parts thereof.