New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 18 - MOTOR FUEL TAX
Subchapter 3 - SUPPLIER'S LICENSE; BONDS REQUIRED; RECORDS
Section 18:18-3.18 - Disposals and receipts
Universal Citation: NJ Admin Code 18:18-3.18
Current through Register Vol. 56, No. 6, March 18, 2024
(a) All deliveries of motor fuel including those made on a consignment and/or a commission basis, and deliveries to retail marketing storage operated by a licensee are to be treated as sales at the time such deliveries are made.
1. The taxable status of such sales will be determined by the status of the entity to whom the sale had been made;
2. All deliveries to any retail marketing storage are to be made tax included.
(b) Any motor fuel held in common storage with another person or persons:
1. Is deemed to have been purchased by that association and "is not to be included as a receipt or held in inventory"; therefore
2. Such fuel, when subsequently delivered by such an association, properly licensed, are deemed to be purchased at the time all such fuel are received.
(c) Any motor fuel received exclusively by a licensee, including motor fuel purchased on consignment, is to be treated as purchased at the time such fuel are received.
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