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Indiana Administrative Code — Title 45 (Dept. of State Revenue)

45 IAC 2.2-6-17

Energy assistance deductions

Official textiac.iga.in.govlast amended

Sec. 17. (a) A retail merchant who extends energy assistance under IC 4-3-10 [Repealed by P.L.11-1980, SECTION 8.],

may deduct from his sales and use tax liability cost of the energy assistance extended under IC 4-3-10 [Repealed by P.L.11-1980,

SECTION 8.] during the reporting period for which the state gross retail and use tax payment is made.

(b) If the cost of the energy assistance is greater than the retail merchant's sales and use tax liability for that reporting period, the retail

merchant will be entitled to claim a refund from the Department for the additional funds.

(c) Alternatively, the excess credits may be applied to subsequent months tax liability in lieu of a refund application.

Amendment history

(Department of State Revenue; Ch. 6, Reg. 6-2.5-6-11(010); filed Dec 1, 1982, 10:35 am: 6 IR 63)

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Nearby sections (25 sections)
  1. 2.2-6-5 · Consolidated filing
  2. 2.2-6-6 · Sales and use tax collections
  3. 2.2-6-7 · Final return and payment
  4. 2.2-6-8 · Amount of tax liability
  5. 2.2-6-9 · Income exclusion ratio
  6. 2.2-6-10 · Income exclusion ratio defined
  7. 2.2-6-11 · Recordkeeping requirements on exempt sales less than ten…
  8. 2.2-6-12 · Bad debts deduction
  9. 2.2-6-13 · Collection from bad debts
  10. 2.2-6-14 · Collection allowance
  11. 2.2-6-15 · Collection allowance rates
  12. 2.2-6-16 · Collection allowance; those not entitled
  13. 2.2-6-17 · Energy assistance deductions
  14. 2.2-7-1 · Display of price on pump
  15. 2.2-7-2 · Rate of tax
  16. 2.2-7-3 · Collection by retail merchant
  17. 2.2-7-4 · Exempt transactions; refund procedures for cash transactions
  18. 2.2-7-5 · Exempt transactions; refunds, procedures for credit…
  19. 2.2-7-6 · Reports; payments, deductions
  20. 2.2-7-7 · Payments and deductions
  21. 2.2-8-1 · Registered retail merchants' certificate
  22. 2.2-8-2 · Registered retail merchants' certificate; requirements
  23. 2.2-8-3 · Supplemental application
  24. 2.2-8-4 · Registered retail merchants' certificate; use tax
  25. 2.2-8-5 · Out-of-state registration
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