Section 280-RICR-20-50-1.8 - ExportersA. A distributor who is licensed in another state but unlicensed in Rhode Island may apply for a permit to purchase fuels for export tax free. Anyone applying for an export permit must file a surety bond with the Division of Taxation. The application and bond form are available from the Division of Taxation.B. The amount of the bond is based on twice the average monthly gallonage to be exported, using only those months in which there is activity. Each additional 100,000 monthly gallons or fraction thereof will require an additional $10,000 bond. Average for Two Months | Amount of Bond |
100,000 Gallons | $10,000 |
200,000 Gallons | $15,000 |
400,000 Gallons | $30,000 |
600,000 Gallons | $40,000 |
800,000 Gallons | $50,000 |
1,000,000 Gallons | $70,000 |
C. Change in Business Organization: Once issued, an export permit remains in effect until suspended, revoked or otherwise terminated. A permittee must advise the tax administrator of any change in type of business organization or its status as a licensee in the state of import.D. Purchases can be made from any supplier. It will be the responsibility of the permittee to identify to the supplier on all papers such as manifests, bills of lading, loading tickets, etc., that each load is for export and to show the ultimate destination outside Rhode Island. All receipts not clearly identified to the supplier as for export will be taxable, the tax payable to the supplier. Split loads are not permitted.E. Each exporter must make a report on its own letterhead to the Division of Taxation prior to the 15th day of each month. This report must show all acquisitions of motor fuel in Rhode Island for the prior month. The report must identify the type of fuel, supplier, number of gallons, point of acceptance (in Rhode Island) and the point of delivery (destination). Where tax paid fuel is acquired, the information on the acquisition is to be shown separately in the report.280 R.I. Code R. § 280-RICR-20-50-1.8