Section 10-45-16 - Exemption of commercial fertilizer used for agricultural purposes. - South Dakota Statutes

10-45-16. Exemption of commercial fertilizer used for agricultural purposes. There are hereby specifically exempted from the provisions of this chapter and from the computation of the amount of tax imposed by it, gross receipts from the sale of commercial fertilizers, either liquid or solid, when five hundred pounds or more are sold in a single sale to be used exclusively for agricultural purposes.

Source: SDC 1939, § 57.3202 (10) as added by SL 1964, ch 215.