New manufacturing equipment definition

New manufacturing equipment means tangible personal property that a deduction applicant:
New manufacturing equipment means tangible personal property that a deduction applicant: (A) installs after February 28, 1983, and on or before the approval deadline determined under IC 6-1.1-12.1-9, in an area that is declared an economic revitalization area after February 28, 1983, in which a deduction for tangible personal property is allowed; (B) uses in the direct production, manufacture, fabrication, assembly, extraction, mining, processing, refining, or finishing of other tangible personal property, including but not limited to use to dispose of solid waste or hazardous waste by converting the solid waste or hazardous waste into energy or other useful products; (C) acquires in an arms length transaction from an entity that is not an affiliate of the deduction applicant for use as described in clause (B); and (D) never used for any purpose in Indiana before the installation described in clause (A). (IC 6-1.1-12.1-1)
New manufacturing equipment means tangible personal property that a deduction applicant: (A) installs on or before the approval deadline determined under IC 6-1.1- 12.1-9 in an area that is declared an economic revitalization area in which a deduction for tangible personal property is allowed; (B) uses in the direct production, manufacture, fabrication, assembly, extraction, mining, processing, refining, or finishing of other tangible personal property, including but not limited to use to dispose of solid waste or hazardous waste by converting the solid waste into energy or other useful products; (C) acquires for use as described in clause B: (i) in an arm’s length transaction from an entity that is not an affiliate of the deduction applicant, if the tangible personal property has been previously used in Indiana before the installation described in clause A; or (ii) in any manner, if the tangible personal property has never been previously used in Indiana before the installation described in clause A; and (D) has never been used for any purpose in Indiana before the installation described in clause A. (IC 6-1.1-12.1-1(4))

Examples of New manufacturing equipment in a sentence

  • New manufacturing equipment for diapers or new office procedures for an insurance firm would be process innovations.• Position innovation.

  • New manufacturing equipment includes new equipment and used equipment brought into Indiana from outside of Indiana.

  • New manufacturing equipment relocated under this section remains eligible for the assessed value deduction under this chapter.

  • New manufacturing equipment invariably is installed including inverters to conserve energy.

  • New manufacturing equipment will be installed in Building 3 (TIC) to provide additional capacity for existing manufacturing and development processes at the site.

  • New manufacturing equipment includes new equipment and used equipment brought into Indiana from outside of Indiana.“Qualified machinery and equipment” defined• Section 6(a):• Direct Production of• Manufacturing of• Fabricating of• Assembly of• Extracting of“Qualified machinery and equipment” defined• Section 6(a):• Mining of• Processing of• Refining of• Finishing of other tangible personal property.

  • Manufacturing equipment consists of the following: • New manufacturing equipment (A) purchased on 8th May 2006 for N$480 000 • New manufacturing equipment (B) was damaged due the malfunctioning of circuitry on 1st August 2015.

  • New manufacturing equipment was invested in, and a barcode printer was required to integrate with the newly designed Sales rep app; this was purchased and allowed JFH jewels to take full advantage of the sales rep app.

  • New manufacturing equipment and expanded employee training programs at the Company's Cleveland, Ohio plant resulted in a significant improvement in its operating earnings compared to its poor performance in 1994.

  • New manufacturing equipment was purchased for installation in the factory.


More Definitions of New manufacturing equipment

New manufacturing equipment means the equipment and machinery to be installed and delivered by Hisun in the New Facility Building (including the Alpharma-Furnished Equipment") according to this Agreement.
New manufacturing equipment means tangible personal
New manufacturing equipment means any tangible
New manufacturing equipment means any tangible personal

Related to New manufacturing equipment

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Manufacturing Facilities means facilities engaged in the mechanical or chemical transformation of materials or substances into new products and shall include:

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement. Minimum State of Charge:

  • Manufacturing site means the facilities where a Compound is Manufactured by or on behalf of a Party, as such Manufacturing Site may change from time to time in accordance with Section 8.7.

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Designated Equipment means either: (i) a server identified by serial number, or host I.D. on which the Licensed Materials are stored; or (ii) a computer or workstation, as identified by its serial number, host I.D. number or Ethernet address; to which the Licensed Materials are downloaded and Used only upon the issuance of a License Key. The Designated Equipment shall be of a manufacture, make and model, and have the configuration, capacity (i.e., memory/disk), operating software version level, and pre- requisite and co-requisite applications, prescribed in the Documentation as necessary or desirable for the operation of the Software.

  • Original manufacturer means the original component manufacturer, the original equipment manufacturer, or the contract manufacturer.

  • Product Manufacturer means the entity that assembles the component parts to manufacture the final Product;

  • Consumables means all items which are consumed in the execution of the Work, without being directly incorporated in the Work, such as fuel, electricity, water, POL, welding rods, electrodes and utilities.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Remanufacturing means the activity of overhauling, retrofitting, fabricating, or repairing a product or its component parts for ultimate sale at retail.

  • Distillery manufacturing license means a license issued in accordance with

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Manufacturing Services means the manufacturing, quality control, quality assurance, stability testing, packaging, and related services, as set forth in this Agreement, required to manufacture Product or Products using the Active Materials, Components, and Xxxx Back Items;

  • Current Good Manufacturing Practices or “cGMP” means applicable Good Manufacturing Practices as specified in the United States Code of Federal Regulations and/or the EU Good Manufacturing Guidelines, and any successor legislation from time to time, prevailing at the time of the manufacture of the Product.

  • Manufacturing Process means any process for—

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Contract Manufacturer means a company that produces goods under contract for another company under the label or brand name of that company.

  • Additional Equipment means any equipment you might purchase from a supplier other than us(whether or not this supplier is recommended by us).

  • Manufacturing Materials means parts, tools, dies, jigs, fixtures, plans, drawings, and information produced or acquired, or rights acquired, specifically to fulfill obligations set forth herein.

  • Engine Manufacturer means CFM International, Inc.

  • Terminal Equipment means all telephone instruments, including pay telephone equipment, the common equipment of large and small key and PBX systems and other devices and apparatus, and associated wirings, which are intended to be connected electrically, acoustically or inductively to the telecommunication system of the telephone utility.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.