WEISS v. CHEM-FAB CORP.

No. 98-82.

984 S.W.2d 395 (1999)

336 Ark. 21

Richard A. WEISS, Director, Department of Finance and Administration, Appellant, v. CHEM-FAB CORPORATION, Appellee.

Supreme Court of Arkansas.

January 7, 1999.


Attorney(s) appearing for the Case

Malcolm P. Bobo, Little Rock, for appellant.

Walter Skelton, Little Rock, for appellee.


ANNABELLE CLINTON IMBER, Justice.

This is a case of first impression that involves the interpretation of the Arkansas Gross Receipts Act of 1941, as amended. The chancellor ruled that Chem-Fab Corporation's initial and replacement purchases of certain chemicals used in manufacturing aircraft parts were exempt from the Arkansas Gross Receipts tax. We affirm in part and reverse in part.

The taxpayer, Chem-Fab Corporation, is a Hot Springs manufacturer of aluminum...

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