50 IAC 10-1-4 "Other tangible personal property" or "tangible personal property" defined

Sec. 4. (a) "Other tangible personal property" or "tangible personal property" means goods or items of personal property that are the end product of the production process. A processed end product must be substantially different from the component materials used. (b) Tangible personal property includes energy, if that energy results from the conversion of a solid waste or the conversion of a hazardous waste.