Louisville Edible Oil Products, Inc. v. Revenue Cabinet Commonwealth of Kentucky

OPINION

COMBS, Judge.

Louisville Edible Oil Products, Inc. (LEOP) appeals a Franklin Circuit Court judgment which affirmed the conclusion of the Kentucky Board of Tax Appeals (Tax Board) that the Kentucky Revenue Cabinet (Cabinet) had correctly assessed additional sales taxes owing by LEOP and had correct ly denied a refund for taxes previously paid by LEOP. We affirm.

LEOP is in the business of purchasing and processing crude vegetable oil, which it then sells and transports to its customers. In November 1982, LEOP made application to take advantage of the tax exemption provided by KRS…