Define: Fabrication services

How is Fabrication services defined in a legal contract?

• Fabrication services means the act of producing tangible personal property for someone who supplies the materials for the production either directly or indirectly. This includes the ability to produce items from these provided materials and return them to the customer. Seen in 5 SEC filings.
• Fabrication services means the services provided by a service provider at their facility to produce new units or to refurbish, recreate, and repair existing units which are leased to the lessee. Seen in 1 SEC filing.
• Fabrication services means the production of tangible personal property in exchange for a compensation from an individual who provides the necessary materials, either directly or indirectly. The law acknowledges such services as taxable in an effort to check unfair tax evasion strategies such as customers providing manufacturing materials which exempts the manufacturer's labour from taxation; thus, any service that falls under production of tangible personal property qualifies as a taxable fabrication service. Seen in 1 SEC filing.
• Fabrication services means the act of producing tangible property for an entity that has supplied the materials for this production either directly or indirectly. The statute identifies such services as distinct from manufacturing based on who supplies the raw materials for production. A service is considered “fabrication” when the raw materials are provided by the customer, as opposed to the service provider. Thus, the services are seen as fabrication services and are subject to provider tax when the raw materials are supplied by the customer or a third party under the customer's direction. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of fabrication services' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

• Fabrication services means providing, for a stipulated [compensation], the creation or repair of tangible objects made from customer-supplied materials.

Relevant Contract Types

• Manufacturing and Supply Agreement
• Services Agreement
• Product Development Agreement

Relevant Circumstances

• When a business entity requires a service provider to create or repair items using materials supplied by the business entity.
• When a company seeks to contract another for the creation of promotional items, prototypes, or products for sales.

Relevant Sectors

• Manufacturing
• Construction
• Automotive
• Tech Hardware and Equipment

‍

Genie Definition 2

• Fabrication services means taxably producing goods from third-party-provided materials under applicable [Tax Law].

Relevant Contract Types

• Tax Consultancy Agreement

Relevant Circumstances

• When businesses practice fabricating tangible property out of customer-provided materials and such services are taxable under the local jurisdiction.
• When entities need guidance on how taxation laws apply to their fabrication services.

Relevant Sectors

• Legal
• Accounting & Finance
• Tax Consultancy

‍