§ 6-2.5-5-46 — Aircraft repair and maintenance

Indiana § 6-2.5-5-46

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

Text

(a) Transactions involving tangible personal
property (including materials, parts, equipment, and engines) are
exempt from the state gross retail tax, if the property is:
(1) used;
(2) consumed; or
(3) installed;
in furtherance of, or in, the repair, maintenance, refurbishment,
remodeling, or remanufacturing of an aircraft or an avionics system of
an aircraft.
(b) The exemption provided by this section applies to a transaction
only if:
(1) the retail merchant, at the time of the transaction, possesses a
valid repair station certificate issued by the Federal Aviation
Administration under 14 CFR 145 et seq. or other applicable law
or regulation; or
(2) the:
(A) retail merchant has leased a facility at a public use airport
for the maintenance of aircraft and meets the public use airport
owner's minimum standards for an aircraft maintenance facility;
and
(B) work is performed by a mechanic who is certified by the
Federal Aviation Administration.
(c) The owner of a public use airport shall annually provide to the
department the names of retail merchants that have a lease with the
public use airport and that perform aircraft maintenance at the public
use airport.

Legislative History

As added by P.L.153-2012, SEC.5. Amended by P.L.288-2013, SEC.30; P.L.166-2014, SEC.10.