Ingredient or component part definition

Ingredient or component part means tangible personal property which is necessary or essential to, and which is actually used in and becomes an integral and material part of tangible personal property or services produced, manufactured or compounded for sale by the producer, manufacturer or compounder in its regular course of business. The following items of tangible personal property are hereby declared to be ingredients or component parts, but the listing of such property shall not be deemed to be exclusive nor shall such listing be construed to be a restriction upon, or an indication of, the type or types of property to be included within the definition of "ingredient or component part" as herein set forth:
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Ingredient or component part means tangible personal property that is necessary or essential to, and that is actually used in and becomes an integral and material part of tangible personal property or services produced, manufactured or compounded for sale by the producer, manufacturer or compounder in its regular course of business. The following items of tangible personal property are hereby declared to be ingredients or component parts, but the listing of
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Ingredient or component part means tangible personal property which is necessary or essential to, and which is actually used in and becomes an integral and material part of tangible personal property or services produced, manufactured or compounded for sale by the producer,
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Examples of Ingredient or component part in a sentence

  • Describe how the equipment is used in the manufacturing process and list the fixed asset or expense account code with account descriptions.• Ingredient or component part.

  • Ingredient or component part" means tangible personal property which that is necessary or essential to, and which is actually used in and becomes an integral and material part of tangible personal property or services produced, manufactured or compounded for sale by the producer, manufacturer or compounder in its regular course of business.


More Definitions of Ingredient or component part

Ingredient or component part means tangible personal property which is necessary or
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Ingredient or component part means tangible personal property that is necessary or essential to, and that is actually used in and becomes an integral and material part of tangible
Sample 1
Ingredient or component part means tangible personal property that is necessary or essential to, and that is actually used in and becomes an integral and material part of tangible personal property or services produced, manufactured or compounded for sale by the producer, manufacturer or compounder in its regular course of
Sample 1
Ingredient or component part means tangible personal property which is necessary or essential to, and which is actually used in and becomes an integral and material part of tangible
Sample 1Sample 2

Related to Ingredient or component part

  • Manufactured end product means any end product in product and service codes (PSCs) 1000-9999, except—

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Inert ingredient means an ingredient which is not an active ingredient.

  • Bulk drug substance means any substance that is represented for use, and that, when used in the

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Therapeutically equivalent drug products means drug products that contain the same active ingredients and are identical in strength or concentration, dosage form, and route of administration and that are classified as being therapeutically equivalent by the U.S. Food and Drug Administration pursuant to the definition of "therapeutically equivalent drug products" set forth in the most recent edition of the Approved Drug Products with Therapeutic Equivalence Evaluations, otherwise known as the "Orange Book."

  • Manufactured products means items and construction materials composed in whole or in part of non-ferrous metals such as aluminum; plastics and polymer-based products such as polyvinyl chloride pipe; aggregates such as concrete; glass, including optical fiber; and lumber.