Amount of prepayment
Sec. 9. (a) Except as provided in section 13 of this chapter, at the
time of purchase or shipment of gasoline from a refiner or terminal
operator, a distributor who is not a qualified distributor shall prepay
to the refiner or terminal operator the state gross retail tax in an
amount determined under subsection (d).
(b) At the time of purchase or shipment of gasoline from a
qualified distributor, a retail merchant shall prepay to the qualified
distributor the state gross retail tax in an amount determined under
subsection (d).
(c) If gasoline is delivered to a retail outlet for resale and the gross
retail tax in the amount determined under subsection (d) has not been
prepaid on the gasoline, the refiner, terminal operator, or qualified
distributor making the delivery shall prepay to the department the
gross retail tax in an amount determined under subsection (d). A bulk
plant is not considered to be a retail outlet.
(d) The amount of tax that must be prepaid under this section
equals:
(1) the prepayment rate per gallon of gasoline; multiplied by
(2) the number of invoiced gallons purchased or shipped.
(e) A purchaser or receiver of gasoline that makes a prepayment
under this chapter is not subject to any liability to the state for the
amount of the prepayment.
As added by P.L.94-1987, SEC.6.
Last modified: May 28, 2006