{"data":{"id":"us-nm/7-9-65","jurisdiction":"us-nm","citation":"7-9-65","heading":"Deduction; gross receipts tax; chemicals and reagents.","body":"Receipts from selling chemicals or reagents to any mining, milling or oil company for use in processing ores or oil in a mill, smelter or refinery or in acidizing oil wells, and receipts from selling chemicals or reagents in lots in excess of eighteen tons to any hard-rock mining or milling company for use in any combination of extracting, leaching, milling, smelting, refining or processing ore at a mine site, may be deducted from gross receipts. Receipts from selling explosives, blasting powder or dynamite may not be deducted from gross receipts.","path":["Chapter 7 - Taxation","ARTICLE 9 Gross Receipts and Compensating Tax"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"3ccdc478d47d38ff46a677f253a06aee6a93d5992f4e3b31277d4cc8b8f37e06","source_id":"us-nm","stale":false,"prev":"us-nm/7-9-64","next":"us-nm/7-9-66"},"notice":"GroundRules: Original legal text. Not legal advice."}