New manufacturing equipment definition

New manufacturing equipment means tangible personal property that a deduction applicant:
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New manufacturing equipment means tangible personal
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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))
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Examples of New manufacturing equipment in a sentence

  • Forg purposes of this credit, equipment is “new” if the tax-g payer or pass-through entity is the first to use the equip-g ment in Ohio.g New manufacturing equipment that is manufactured grg assembled primarily by the taxpayer gor the taxpayer’sg own use is deemed to have been purchased gon the dateg the taxpayer places the property in service in the countyg for gwhich the taxpayer gwill calculate the credit.

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

  • New manufacturing equipment that is manufactured or as- sembled primarily by the taxpayer for the taxpayer’s own use is deemed to have been purchased on the date the taxpayer places the property in service in the county for which the taxpayer will calculate the credit.

  • But from (laughter) a guy’s point of view,any guy would probably do it (laughter).

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

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

  • Forg purposes of this credit, equipment is “new” if the tax-g payer or pass-through entity is the first to use the equip-g ment in Ohio.g New manufacturing equipment that is manufactured grg assembled primarily by the taxpayer gfor the taxpayer’sg own use is deemed to have been purchased gon the dateg the taxpayer places the property in service in the countyg for gwhich the taxpayer gwill calculate the credit.


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.
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New manufacturing equipment means any tangible personal
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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)
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New manufacturing equipment means any tangible
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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.

  • 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.

  • 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.

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

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

  • 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.

  • 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 equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • 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.

  • 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.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Manufacturing means all activities related to the manufacture of a Compound, including planning, purchasing, manufacture, processing, compounding, storage, filling, packaging, waste disposal, labeling, leafleting, testing, quality assurance, sample retention, stability testing, release, dispatch and supply, as applicable.

  • Medical equipment supplier means any person, as defined in § 1-230, engaged in the delivery to the ultimate consumer, pursuant to the lawful order of a practitioner, of hypodermic syringes and needles, medicinal oxygen, Schedule VI controlled devices, those Schedule VI controlled substances with no medicinal properties that are used for the operation and cleaning of medical equipment, solutions for peritoneal dialysis, and sterile water or saline for irrigation.