New manufacturing equipment definition

New manufacturing equipment means tangible personal property that a deduction applicant:
New manufacturing equipment means tangible personal
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 invariably is installed including inverters to conserve energy.

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

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

  • Qaraqe PDF (2043 KB) Pre-Equalized Faster-Than-Nyquist Transmission Mrinmoy Jana ; Ahmed Medra ; Lutz Lampe ; Jeebak Mitra PDF (1822 KB) Digitally Controlled Analog Cancellation for Full Duplex Broadband Power Line Communications Gautham Prasad ; Lutz Lampe ; Sudip Shekhar PDF (2607 KB) OFDM-Like Signaling for Broadband Satellite Applications: Analysis and Advanced Compensation Bassel F.

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

  • New manufacturing equipment amounting to R25 000 that was acquired on 1 September 20.9 was incorrectly recorded as administration expenses.

  • 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 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.


More Definitions of New manufacturing equipment

New manufacturing equipment means any tangible
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 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 any tangible personal

Related to New manufacturing equipment

  • 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:

  • 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.

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

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

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

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

  • Major medical equipment means medical equipment which is used for the provision of medical and other health services and which costs in excess of the capital expenditure minimum, except that such term does not include medical equipment acquired by or on behalf of a clinical laboratory to provide clinical laboratory services if the clinical laboratory is independent of a physician's office and a hospital and it has been determined under Title XVIII of the Social Security Act to meet the requirements of paragraphs (10) and (11) of Section 1861(s) of such Act. In determining whether medical equipment has a value in excess of the capital expenditure minimum, the value of studies, surveys, designs, plans, working drawings, specifications, and other activities essential to the acquisition of such equipment shall be included.