Retail merchant; calculation of tax liability; metered pump sales;
gasoline; kerosene; special fuels
Sec. 3. (a) With respect to the sale of gasoline which is dispensed
from a metered pump, a retail merchant shall collect, for each unit of
gasoline sold, state gross retail tax in an amount equal to the product,
rounded to the nearest one-tenth of one cent ($0.001), of:
(1) the price per unit before the addition of state and federal
taxes; multiplied by
(2) six percent (6%).
The retail merchant shall collect the state gross retail tax prescribed
in this section even if the transaction is exempt from taxation under
IC 6-2.5-5.
(b) With respect to the sale of special fuel or kerosene which is
dispensed from a metered pump, unless the purchaser provides an
exemption certificate in accordance with IC 6-2.5-8-8, a retail
merchant shall collect, for each unit of special fuel or kerosene sold,
state gross retail tax in an amount equal to the product, rounded to
the nearest one-tenth of one cent ($0.001), of:
(1) the price per unit before the addition of state and federal
taxes; multiplied by
(2) six percent (6%).
Unless the exemption certificate is provided, the retail merchant shall
collect the state gross retail tax prescribed in this section even if the
transaction is exempt from taxation under IC 6-2.5-5.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.2-1982(ss),
SEC.5; P.L.81-1983, SEC.4; P.L.80-1983, SEC.2; P.L.11-1984,
SEC.2; P.L.222-1999, SEC.2; P.L.192-2002(ss), SEC.63.
Last modified: May 28, 2006