The South Carolina Department of Revenue has issued a revenue ruling to remind taxpayers that effective September 1, 2011, a warranty or maintenance contract purchased after the tangible personal property is purchased is no longer taxable, with limited exceptions. If the warranty or maintenance contract is purchased at the same time as the tangible personal property, it remains taxable, unless the sale is otherwise tax-exempt. South Carolina Revenue Ruling #03-5, concerning “Software and Software Maintenance Contracts” has been reinstated and is effective for sales of software and software maintenance contracts occurring on or after September 1, 2011. (Revenue Ruling 11-2, South Carolina Department of Revenue, November 18, 2011)