{"data":{"id":"us/26-cfr-48.4062-b-1","jurisdiction":"us","citation":"26 CFR 48.4062(b)-1","heading":"(b)-1 Rebuilt parts or accessories sold on an exchange basis.","body":"The sale price of a rebuilt part or accessory on which the tax is to be computed shall not include the value of a like part or accessory accepted in exchange. The total amount charged in excess of the amount allowed for a like article accepted in an exchange will be the basis for tax. For example, if a rebuilt automobile engine is sold for $100, plus another automobile engine, the tax on the rebuilt engine will be computed on the basis of $100.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER D—MISCELLANEOUS EXCISE TAXES","PART 48—MANUFACTURERS AND RETAILERS EXCISE TAXES","Subpart H—Motor Vehicles, Tires, Tubes, Tread Rubber, and Taxable Fuel"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"a00b261d055804f3e68ff57026b60542c2dc70862abbd237368d9fe0d375fc32","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-48.4062-b","next":"us/26-cfr-48.4063-1"},"notice":"GroundRules: Original legal text. Not legal advice."}