Indiana Administrative Code
Title 45 - DEPARTMENT OF STATE REVENUE
Article 2.2 - SALES AND USE TAX
Rule 7 - Collection and Remittance of State Gross Retail Tax on Motor Fuel
Section 7-7 - Payments and deductions
Universal Citation: 45 IN Admin Code 7-7
Current through March 20, 2024
Authority: IC 6-8.1-3-3
Affected: IC 6-2.5-6-11
Sec. 7.
(a) The retail merchant's tax liability for the sale of gasoline from a metered pump shall be computed by taking one twenty-sixth (1/26) of the gross receipts:
(1) Including state gross retail tax,
but;
(2) Excluding Indiana and
federal gasoline taxes.
(b) The retail merchant is required to remit the amount arrived at by using the formula in clause (1) [subsection (a) of this section] regardless of the amount of state gross retail tax which was actually collected.
(c) The retail merchant is entitled to deduct the amounts prescribed in IC 6-2.5-6-11 as the collection allowance and IC 6-2.5-6-11 the energy assistance credit.
Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
