58.1-610.1 - Modular building manufacturers and retailers. - Virginia Statutes

§ 58.1-610.1. Modular building manufacturers and retailers.

The retail sale of a modular building, as defined by § 58.1-602, by a modularbuilding manufacturer or modular building retailer, as defined by § 58.1-602,shall be subject to the tax authorized by this chapter upon sixty percent ofthe retail sales price. If the modular building manufacturer has paid suchtax on the cost price of materials incorporated in a modular building thathas been constructed for sale without installation, it may credit against thetax shown to be due on the return the amount of sales or use tax paid on thecost of materials used in fabricating such a modular building.

(2000, c. 425.)