# South Carolina — Vehicle trade-in sales tax credit rules by state -- full price taxed, or only the difference

For South Carolina, trade-in credit allowed is full credit; statute or regulation citation is Code Section 12-36-90, recorded from its source on 2026-08-20.

- **State:** South Carolina _(our reading, not quoted from the source)_
- **Trade-in credit allowed:** full credit _(our reading, not quoted from the source)_
- **Statute or regulation citation:** Code Section 12-36-90 _(verified: appears in the quote below)_

## What the source says

> Generally, the term “gross proceeds of sales” is defined in Code Section 12-36-90 as the value proceeding or accruing from the sale of tangible personal property, without any deductions for the cost of goods sold; the cost of materials, labor, or service; interest paid; losses; transportation costs; manufacturers or importers excise taxes imposed by the United States; or any other expenses. It does not, however, include the value of any trade-in.

## Source

- https://dor.sc.gov/sites/dor/files/Documents/Policy%20Manuals/sales-and-use-tax-auto-and-truck-dealers-guide.pdf

Last verified: 2026-08-20. Review by: 2027-08-20.
Part of [Vehicle trade-in sales tax credit rules by state -- full price taxed, or only the difference](https://referencesource.org/vehicle-trade-in-sales-tax-credit-by-state/).