50 IAC 5.1-1-28 "Special tooling" defined

Sec. 28. "Special tooling" means tangible personal property, including, but not limited to: (1) tools; (2) dies; (3) jigs; (4) fixtures; (5) gauges; (6) molds; and (7) patterns; acquired or made for the production of products or product models which are of such specialized nature that their utility generally ceases with the modification or discontinuance of such products or product models. The term does not include those items being manufactured or built for sale or lease to another person.