Fuel; Records. Upon the return of the Aircraft, (i) the Lessor shall have no obligation with respect to the amount of fuel or oil contained in the Airframe and (ii) the Lessee shall deliver to the Lessor all logs, manuals, certificates and inspection, modification and overhaul records which are required to be maintained with respect thereto under applicable rules and regulations of the FAA and DOT.
Fuel; Records. 29 (d) Condition of Aircraft.......................................... 29 (e) Delayed Return................................................. 29
Fuel; Records. Upon the return of the Aircraft in accordance with this Section; (i) each fuel tank shall contain the same quantity of fuel as was contained in such tank when the Aircraft was delivered to Lessee on the Acceptance Date (which shall be presumed to be fifty percent (50%) of full capacity, unless otherwise specified in the Purchase Documents) or, in the case of differences in such quantity, an appropriate adjustment will be made at the then current market price of fuel, and (ii) Lessee shall deliver
Fuel; Records. Upon the return of the Aircraft:
(i) each fuel tank will contain the same quantity of fuel as was contained in such tank when the Aircraft was delivered to Lessee on the Acceptance Date, which will be presumed to be fifty percent (50%) of full capacity unless otherwise specified in the Purchase Documents. If the fuel tank(s) contain less than such amount, Lessee will pay to Lessor the cost, at the then current market price of fuel, of the amount of fuel necessary to bring the fuel level to the required amount; and
(ii) Lessee will deliver all Records to Lessor. If any Records are missing or incomplete, Lessor will have the right to cause any such Records to be reconstructed at the sole expense of Lessee.
Fuel; Records. 100 The licensee must maintain complete records of all motor fuel purchased, received, and used in the conduct of its business. .005 The date of each receipt of fuel; .010 The name and address of the person from whom purchased or received; .015 The number of gallons or liters received; .020 The type of fuel; and .025 The vehicle or equipment into which the fuel was placed. .100 Retail purchases must be supported by a receipt or invoice, credit card receipt, automated vendor generated invoice or transaction listing, or microfilm/microfiche of the receipt or invoice. Receipts that have been altered or indicate erasures are not accepted for tax-paid credits unless the licensee can demonstrate the receipt is valid. .200 Receipts for retail fuel purchases must identify the vehicle by the plate or unit number or other licensee identifier, as distance traveled and fuel consumption may be reported only for vehicles identified as part of the licensee's operation.
Fuel; Records. It is agreed between the Operator and Owner that said Operator shall maintain accurate records of the gallons of 100LL or Jet A50 fuel dispensed and to submit such records to the Owner by the 15th of each month for the prior month’s usage.
Fuel; Records. You must maintain complete records of all fuel purchases, with separate totals for each fuel type. Fuel types include diesel, gasoline, ethanol, propane (LPG), compressed nat- ural gas (CNG), liquefied natural gas (LNG), A-55, E-85, M-85, gasohol and methanol. The fuel records must con- tain the following: • date of purchase; • name and address of the seller; • number of gallons or liters purchased; • type of fuel purchased; • price per gallon or liter; • evidence of tax paid to a jurisdiction • unit number of the vehicle into which the fuel was placed; and • purchaser’s signature. Acceptable fuel receipts include an invoice, a credit card receipt or verifiable microfilm/microfiche of an invoice. Most jurisdictions prefer actual invoices rather than mi- crofilm or microfiche. Receipts that contain alterations or erasures will not be accepted. If you have a bulk fuel storage facility, you can obtain credit for tax paid on fuel withdrawn from that facility if you maintain the following records: • date of withdrawal; • number of gallons or liters withdrawn; • fuel type; • unit number of the vehicle into which the fuel was placed; and • purchase and inventory records to substantiate that tax was paid on all bulk fuel purchases to the jurisdiction where the storage is located.
Fuel; Records. Xxxxxxxx argues that fuel receipts were provided to the auditor, but that some of these receipts were not allowed by the auditor. Xxxxxxxx explains that some of the receipts did not show the date that the fuel was purchased, they were hand-written, they did not reflect mileage, or they were unsigned. According to the IFTA Procedures Manual, § P550 states that: .100 The licensee must maintain complete records of all motor fuel purchased, received, and used in the conduct of its business. .200 Separate totals must be compiled for each motor fuel type. .300 Retail fuel purchases and bulk fuel purchases are to be accounted for separately. .400 The fuel records shall contain, but not be limited to: .005 The date of each receipt of fuel; .010 The name and address of the person from whom purchased or received; .015 The number of gallons or liters received; .020 The type of fuel; and .025 The vehicle or equipment into which the fuel was placed. Taxpayer was not able to provide all of the receipts to substantiate the tax-paid credit that was claimed on the IFTA-101. Also, many of the receipts provided by Taxpayer did not list the unit number into which the fuel was placed. For both of these reasons, the Department determined the retail fuel purchase records were inadequate, which also warranted the use of the standard of 4 MPG in accordance with IFTA Audit Manual § A550.100. However, Xxxxxxxx received the tax-paid credit for all the valid receipts from the audit period that Taxpayer provided to the Department. The valid service station purchase receipts that Taxpayer provided to the Department were totaled to arrive at the audited tax-paid gallons. After taking into account the tax-paid credits and any other credits or refunds that should be applied, the difference resulted in the adjusted tax due. Taxpayer provided examples of fuel receipts after the hearing. It appears that some of these receipts had not been presented to the auditor prior to the hearing. An adjustment will be made where valid purchases can be substantiated, thus decreasing Taxpayer's liability.
