Credits against tax
Sec. 6. (a) A carrier is entitled to a credit against the tax imposed
under section 4 of this chapter if the carrier, or a lessor operating
under the carrier's annual permit, has:
(1) paid the tax imposed under IC 6-6-1.1 or IC 6-6-2.5 on
motor fuel purchased in Indiana;
(2) consumed the motor fuel outside Indiana; and
(3) paid a gasoline, special fuel, or road tax with respect to the
fuel in one (1) or more other states or jurisdictions.
(b) The amount of credit for a quarter is equal to the tax paid
under IC 6-6-1.1 and IC 6-6-2.5 on motor fuel that:
(1) was purchased in Indiana;
(2) was consumed outside Indiana; and
(3) with respect to which the carrier paid a gasoline, special
fuel, or road tax to another state or jurisdiction.
(c) To qualify for the credit, the carrier shall submit any evidence
required by the department of payment of the tax imposed under
IC 6-6-1.1 or IC 6-6-2.5.
(d) A credit earned by a carrier in a particular quarter shall be
applied against the carrier's tax liability under this chapter for that
quarter before any credit carryover is applied against that liability
under section 7 of this chapter.
As added by Acts 1982, P.L.59, SEC.1. Amended by P.L.77-1985,
SEC.28; P.L.277-1993(ss), SEC.47.
Last modified: May 28, 2006