§ 6-2.5-5-19.5 — Drugs; insulin; oxygen; blood glucose monitoring supply; blood or blood plasma

Indiana § 6-2.5-5-19.5

• Jurisdiction: Indiana
• Art. 2.5: STATE GROSS RETAIL AND USE TAXES
• Ch. 5: Exempt Transactions of Retail Merchant

Text

5. (a) For purposes of this section, "drug
sample" means a legend drug (as defined by IC 16-18-2-199) or a drug
composed wholly or partly of insulin or an insulin analog that is
furnished without charge.
(b) For purposes of this section, "blood glucose monitoring supply"
means blood glucose measuring strips, lancets, and other similar
diabetic supplies furnished without charge.
(c) For purposes of this section, "diabetic supply distributor" means
a person that primarily sells blood glucose meters for resale and not for
retail sale.
(d) Transactions involving the following are exempt from the state
gross retail tax:
(1) A drug sample, the packaging and literature for a drug sample,
a blood glucose monitoring supply, and the packaging and
literature for a blood glucose monitoring supply.
(2) Tangible personal property that will be used as a drug sample
or a blood glucose monitoring supply or that will be processed,
manufactured, or incorporated into:
(A) a drug sample or a blood glucose monitoring supply; or
(B) the packaging or literature for a drug sample or a blood
glucose monitoring supply.
(3) Blood glucose meters and the packaging or literature for a
blood glucose meter furnished without charge by a diabetic
supply distributor.

Legislative History

As added by P.L.61-1997, SEC.1. Amended by P.L.182-2009(ss), SEC.179; P.L.265-2013, SEC.6; P.L.87-2014, SEC.2.