Imposition of tax; exemption
Sec. 5. The controlled substance excise tax is imposed on
controlled substances that are:
(1) delivered;
(2) possessed; or
(3) manufactured;
in Indiana in violation of IC 35-48-4 or 21 U.S.C. 841 through 21
U.S.C. 852. The tax does not apply to a controlled substance that is
distributed, manufactured, or dispensed by a person registered under
IC 35-48-3.
As added by P.L.50-1992, SEC.1.
Last modified: May 28, 2006