Indiana Code — Title 6 (Taxation)
IC 6-2.5-5-19
Drugs, insulin, oxygen, blood, or blood plasma; acquisition by
licensed practitioner
Sec. 19. (a) As used in this section, "legend drug" means a drug as defined in
IC 6-2.5-1-17 that is also a legend drug for purposes of IC 16-18-2-199.
(b) As used in this section, "nonlegend drug" means a drug (as defined in IC 6-2.5-1-17) that is not a legend drug.
(c) Transactions involving drugs, insulin, oxygen, blood, and blood plasma are exempt from the state gross retail tax if purchased by a licensed practitioner (as defined in IC 6-2.5-1-21.5) or a health care facility (as defined in IC 16-18-2-161(a)) for the purpose of:
# (1)
direct consumption in treating patients; or
# (2)
resale to a patient that the practitioner is treating, in the case of sales of legend or nonlegend drugs.
As added by Acts 1980, P.L.52, SEC.1. Amended by Acts 1981, P.L.81, SEC.1; P.L.19-1994,
SEC.4; P.L.257-2003, SEC.24; P.L.242-2015, SEC.9.
Amendment history
As added by Acts 1980, P.L.52, SEC.1. Amended by Acts 1981, P.L.81, SEC.1; P.L.19-1994, SEC.4; P.L.257-2003, SEC.24; P.L.242-2015, SEC.9.
Source: view the official text
Nearby sections (25 sections)
- 6-2.5-5-10.7 · Tangible personal property exemption; component of solar…
- 6-2.5-5-11 · Gas utilities; production or storage plants and expenses
- 6-2.5-5-12 · Water utilities; plants and expenses
- 6-2.5-5-12.5 · Wastewater utilities; plants and expenses
- 6-2.5-5-13 · Intrastate telecommunication services; video, Internet…
- 6-2.5-5-14 · Public utilities; acquisitions of personal property
- 6-2.5-5-15 · Repealed
- 6-2.5-5-15.5 · Motor vehicles; intrafamilial title transfers
- 6-2.5-5-16 · State or local government acquisitions
- 6-2.5-5-16.5 · Repealed
- 6-2.5-5-17 · Newspapers
- 6-2.5-5-18 · Drugs, medical equipment, supplies, and devices;…
- 6-2.5-5-19 · Drugs, insulin, oxygen, blood, or blood plasma;…
- 6-2.5-5-19.5 · Drugs; insulin; oxygen; blood glucose monitoring supply;
- 6-2.5-5-20 · "Food and food ingredients for human consumption"
- 6-2.5-5-21 · Exemption; sales of food and food ingredients by nonprofit
- 6-2.5-5-21.5 · Repealed
- 6-2.5-5-22 · Exemption; sales of meals; schools; fraternities;…
- 6-2.5-5-23 · School building materials
- 6-2.5-5-24 · Exemption; sales to the United States government;…
- 6-2.5-5-25 · Exemption; nonprofit organizations; uses to carry on its
- 6-2.5-5-26 · Nonprofit organizations; less than $100,000 in sales; sale…
- 6-2.5-5-27 · Exemptions for property and services used for public
- 6-2.5-5-27.5 · Rolling stock
- 6-2.5-5-28 · Repealed