Effective July 1, 2014, the Illinois sales tax exemption for coal and aggregate exploration, mining, off-highway hauling, maintenance and reclamation, equipment is retroactively reinstated to July 1, 2003. In addition, the exemption is expanded to include new kinds of exploration equipment. For example, roof bolts now qualify.
However, beginning August 16, 2013, taxpayers may not seek claims or refunds “for taxes due or paid during the period beginning July 1, 2003 through August 16, 2013."
Amended rules Illinois Department of Revenue, also clarify that purchasers claiming one of the sales tax exemptions described above may not also earn a manufacturer’s purchase credit. Follow the rule links for details.
The exemption is scheduled to sunset on August 16, 2018.
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