Alaska Administrative Code — Title 15 (Revenue)

15 AAC 40.310

Exempt sales, transfers, or uses

Official textakleg.govlast amended Apr 01, 2001

# (a)

Except as provided in (b) of this section, fuel meeting the following requirements is exempt from tax under AS 43.40:

# (1)

fuel that is specifically excluded under AS 43.40.100(2)(A) - (L);

# (2)

fuel withdrawn from a foreign trade zone or bonded warehouse to the extent that an exemption is required by 19 U.S.C. 81a-81u and 19 U.S.C. 1309(a) and (d);

# (3)

fuel that is exported;

# (4)

fuel used exclusively for a domestic purpose in single or multiple unit private dwellings, including mobile homes, but not including watercraft;

# (5)

losses of volume of fuel that occur during handling, transportation, and storage, including losses of volume due to temperature changes of the fuel.

# (b)

The exemption available under 43.40.100(2)(I) for fuel used to heat private or commercial buildings or facilities does not apply to fuel used in or on watercraft.
(Eff. 4/1/2001, Register 157)
Statutory Authority:
Authority:
AS 43.05.080 AS 43.40.010 AS 43.40.100

Amendment history

Eff. 4/1/2001, Register 157

Source: official source document (full AAC Title 15 PDF)

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