TAX PAID GALLONS Sample Clauses

TAX PAID GALLONS. Enter gallons bought at the pump or pumped from bulk storage if tax was paid at the time of purchase. SURCHARGE: Surcharge is calculated on taxable gallons. It is not collected at the pump when you purchase fuel in that jurisdiction. Take the taxable gallons and multiply by the surcharge tax rate for the surcharge due. You cannot claim gallons without a receipt. NET TAXABLE GALLONS: Calculate the difference between taxable gallons (column “5”) and tax paid gallons (column “6”). If column “5” is less than column “6”, enter the difference in brackets, this indicates a credit amount. If column “5” is more than column “6”, enter the difference without brackets, this indicates a tax due amount. TAX RATE: Diesel tax rates are preprinted on the Diesel report. If you have fuel types other than diesel, use the blank Non-Diesel form and the current tax rates listed on the following diesel tax rate page. Find the current tax rate for each jurisdiction you are reporting and enter it in column “8”. If you need a fuel tax rate that is not listed, contact our office at (000) 000-0000 or xxx-xxxx@xxx.xx.xxx for the tax rate. You can also find the official IFTA tax rates at the IFTA Inc. web site: (xxx.xxxxxx.xxx).
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  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

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