Indiana Code - Taxation - Title 6, Section 6-6-1.1-702

Sale or exchange agreement; deduction

Sec. 702. A licensed distributor who receives gasoline in Indiana
and then delivers it to or for the account of another licensed
distributor in Indiana under a sale or exchange agreement is entitled
to a deduction for that gasoline. The deduction must be claimed on
the report covering the month of delivery.

As added by Acts 1979, P.L.79, SEC.1. Amended by Acts 1980,
P.L.51, SEC.34.

Last modified: May 28, 2006