There is exempt from sales or use tax the transfer, by any dealer in personal property,
of any item from inventory to be used by such dealer, or the dealer's agent, or representative
for demonstration or display purposes; provided, that such article of personal property
shall be returned to inventory for sale in the usual course of trade within one hundred
twenty (120) days; if such article of personal property is used for demonstration
purposes for a period in excess of one hundred twenty (120) days, the dealer shall
pay a use tax thereon for the amount that the cost of the article to the dealer exceeds
the sales price of the article upon which sales tax is regularly assessed and paid
when it is subsequently sold to a consumer.
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