- Inventory of goods in the process of manufacture or production, which shall include all partly finished goods and raw materials, held for direct use or consumption in the ordinary course of the taxpayer’s manufacturing or production business in the State of Georgia.
- Inventory of finished goods manufactured or produced within the State of Georgia in the ordinary course of the taxpayer’s manufacturing or production business held by the original manufacturer or producer of such finished goods. The exemption herein shall be for a period not exceeding 12 months from the date such property is produced of manufactured,
- Inventory of finished goods which, on the first day of January, are stored in a warehouse, dock or wharf, whether public or private, and which are destined for shipment to a final destination outside the State of Georgia and inventory of finished goods which are shipped into the State of Georgia from outside the State and stored for transshipment to a final destination outside this State. The exemption provided herein shall be for a period of not exceeding 12 months from the date such property is stored in this State.
Goods that are held for retail sale do not qualify for the exemption above.
More information on this exemption can be obtained by calling the Gilmer County Tax Assessor’s Office or by reading O.C.G.A. 48-5-48.2 in its entirety.