29- 250 C.M.R. ch. 165, § R

Current through 2024-44, October 30, 2024

Section 250-165-R - CREDITS/REFUNDS

Tax Paid Purchases. Licensees will receive credit for any fuel taxes paid to a member jurisdiction. A credit from one jurisdiction shall be applied to an IFTA tax liability in another jurisdiction.

In order to receive credit for tax on purchases the licensee must have a receipt, invoice, or credit card receipt documenting the fuel purchase. Receipts must contain at least the following information:

a. date of purchase

b. seller's name and address

c. number of gallons or liters purchased

d. fuel type

e. price per gallon or liter, or total amount for the fuel purchase

f. truck unit number or registration plate number

g. purchaser's name. In the event of a lease agreement, the purchase may be either the lessor or the lessee. Documentation may be required.

In the case of withdrawals from licensee owned tax-paid bulk storage, credit may be obtained if the following detailed records are maintained.

a. date of withdrawal

b. number of gallons or liters withdrawn

c. fuel type

d. truck unit number or registration plate number

e. purchase and inventory records to substantiate that the tax was paid on bulk purchases

Refunds will not be made for an overpayment for which records no longer are required. A request for a refund stays the record keeping requirement until the refund is made or denied.

Unless a licensee is closing their account or has expiring credits, the Bureau will refund only amounts of one hundred ($100) dollars or more. Only amounts of five dollars or more will be refunded or collected.

29- 250 C.M.R. ch. 165, § R