Current through Register Vol. 39, No. 8, October 15, 2024
Section 12A .0201 - RECEIPT OR INVOICE REQUIREMENTS TO OBTAIN CREDIT FOR RETAIL FUEL PURCHASES(a) To obtain credit for retail tax-paid purchases for a motor carrier licensed pursuant to G.S. 105-449.47, the motor carrier shall retain a receipt or invoice that establishes the purchases and payment of the tax. Examples of receipts or invoices include a credit card receipt, a microfilm or microfiche copy of the receipt or invoice, an automated vendor generated invoice or transaction list, or a computer image of the receipt or invoice. Prepaid receipts or invoices shall not be used to obtain credit for retail tax-paid purchases.(b) North Carolina retail fuel purchase receipts or invoices used by a motor carrier to obtain credit for retail tax-paid purchases shall contain the following information: (1) the date of purchase;(2) the name and address of the seller;(3) the number of gallons purchased;(4) the type of fuel purchased;(5) the price per gallon or total sales amount;(6) a vehicle number, equipment number, or other identifier of the vehicle or equipment into which the fuel was placed;(7) the vehicle license plate number and the state that issued the plate for the vehicle into which the fuel was placed; and(8) the purchaser's name. In the case of a leased vehicle, either the lessee or the lessor may submit receipts or invoices as the purchaser if the person who submits the receipts or invoices can establish a current lease agreement exists with the person required to file a return.(c) Separate retail fuel purchase receipts or invoices shall be maintained for motor fuel purchased for highway vehicle use, off-highway vehicle use, and equipment use.(d) Receipts or invoices used to obtain credit for retail fuel purchases shall be maintained for a period of at least four years.17 N.C. Admin. Code 12A .0201
Authority G.S. 105-262; 105-449.39; 105-449.57;
Eff. January 1, 1983;
Amended Eff. October 1, 1991; February 1, 1990;
Recodified from 17 NCAC 09I .0201 Eff. November 1, 2002;
Amended Eff. August 1, 2003;
Readopted Eff. November 1, 2017.Authority G.S. 105-262; 105-449.39;
Eff. January 1, 1983;
Amended Eff. October 1, 1991; February 1, 1990;
Recodified from 17 NCAC 09I .0201 Eff. November 1, 2002;
Amended Eff. August 1, 2003.Readopted by North Carolina Register Volume 32, Issue 11, December 1, 2017 effective 11/1/2017.