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Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.
Since the Mississippi Department of Revenue doesn't provide resale certificates, a vendor who regularly works with resellers might put together a form that serves the same purposes. Essentially, you'll have a form to collect the buyer's name, address, and permit number.
Commercial and residential contractors and roofers are required to be licensed by the Mississippi State Board of Contractors. For more information on how to obtain a license please refer to the FAQ's section of our website or contact us at (800) 880-6161.
An MPC is issued by the Department of Revenue after a contractor has qualified a project (upon meeting requirements). The certificate allows the prime or general contractor and its sub-contractors to purchase component building materials and component services exempt from sales or use tax.
Identifying/Contact Information. Title and Description of the Project. Projected Timeline and Completion Date. Cost Estimate and Payment Schedule. Stop Work Clause and Stop Payment Clause. Act of God Clause. Change Order Agreement. Warranty.
How long is my Mississippi sales tax exemption certificate good for? These exemption certificates have no stated expiration period, so long as the keep decent records of the transactions.
Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.
Timeframe or key milestones of the project; hours of work; deliverables of the project; and. way the business will pay the contractor for their services.
Code Ann. 31-3-1 defines a "certificate of responsibility" as a "certificate numbered held by a contractor issued by the board under the provisions of this chapter after the payment of the special privilege license tax2026" Miss.