6-2.5-5-45. Gross retail and use tax exemption; cigarette and tobacco tax meter machines

IN Code § 6-2.5-5-45 (2019) (N/A)
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Sec. 45. Transactions involving tangible personal property (including excise tax meter machines and related accessories, such as re-packers, cutters, and supplies) are exempt from the state gross retail tax if the property is acquired:

(1) by a person that is required to affix excise tax stamps under IC 6-7; and

(2) for the exclusive purpose of complying with IC 6-7.

As added by P.L.153-2012, SEC.4; P.L.155-2012, SEC.1.