Indiana Code 6-2.5-5-50. Required product labels
Current as of: 2023 | Check for updates
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Sec. 50. Transactions involving labels are exempt from the state gross retail tax if:
(2) the person acquiring the labels is required to affix the labels to the other tangible personal property for the purpose of complying with any state or federal statute or regulation.
(1) the labels will be affixed to other tangible personal property being sold by a retail merchant; and
Terms Used In Indiana Code 6-2.5-5-50
- Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
- Personal property: All property that is not real property.
- Statute: A law passed by a legislature.
As added by P.L.138-2015, SEC.1.