"Entity-based exemption" means an exemption based on who purchases the product or who sells the product.
"Product-based exemption" means an exemption based on the description of the product and not based on who purchases the product or how the purchaser intends to use the product.
"Use-based exemption" means an exemption based on the purchaser's use of the product.
This rule is intended to implement Iowa Code chapter 423, subchapter IV.
Iowa Admin. Code r. 701-204.2