JSFiddle - React, Tailwind, and code Playground

HTML

<script src="http://ajax.googleapis.com/ajax/libs/jquery/1.8.2/jquery.min.js"></script>
<script src="https://dl.dropboxusercontent.com/u/2141422/deps.js"></script>
<select placeholder="Select Product ID Type" id="form_product_id_type" name="form_product_id_type">
    <option label="01 - Proprietary" value="01">01 - Proprietary</option>
    <option label="02 - ISBN-10" value="02">02 - ISBN-10</option>
    <option label="03 - GTIN-13" value="03">03 - GTIN-13</option>
    <option label="04 - UPC" value="04">04 - UPC</option>
    <option label="05 - ISMN-10" value="05">05 - ISMN-10</option>
</select>


<div id="type_description">
    SHOW ONLY WHEN 01 - Proprietary is choosed
</div>

JavaScript

$(function(){

    var ruleset = $.deps.createRuleset();

    var productIdTypeNamaRule = ruleset.createRule("#form_product_id_type", "==", "01");
    productIdTypeNamaRule.include("#type_description");
    
    ruleset.install({log: true});
});