67-3-404 - Export exemption.
67-3-404. Export exemption.
There shall be exempt from nineteen-twentieths (19/20) of the special privilege tax imposed by § 67-3-203, and from all other taxes and fees imposed in part 2 of this chapter, the following:
(1) All bulk exports of petroleum products; and
(2) All exports of petroleum products within the vehicle fuel supply tanks of locomotives and airplanes.
[Acts 1997, ch. 316, § 1; T.C.A., § 67-3-1504.]