Indiana Code — Title 6 (Taxation)
IC 6-6-2.5-37
Costs of collection, reporting, and remittance; retention of
portion of remittance; amount; failure to report or remit on time
Sec. 37. (a) Every supplier and permissive supplier who properly remits tax under this chapter shall be allowed to retain one and six-tenths percent (1.6%) of the tax to cover the costs of collecting, reporting, and timely remitting the tax imposed by this chapter.
(b) The amount that the supplier is permitted to retain under subsection (a) shall be distributed by the supplier as follows:
# (1)
One-third (1/3) retained by the supplier.
# (2)
Two-thirds (2/3) to the wholesale distributor. If the special fuel is resold by that wholesale distributor or another wholesale distributor to an eligible purchaser, the last wholesale distributor in the distribution process shall pass on one-half (1/2) of the two-thirds (2/3) to the eligible purchaser.
# (3)
If an eligible purchaser is the direct purchaser from a supplier, and that retail dealer or bulk end user is responsible for shipping the product, then the supplier shall pass through two-thirds (2/3) to the retail dealer or bulk end user. If the supplier is responsible for shipping the product, the supplier shall retain two-thirds (2/3) and pass through one-third (1/3) to the eligible purchaser.
The amount a person receives under this subsection is in addition to the amount of the person's refund claim under section 32.7 of this chapter.
(c) If a monthly report is filed or the amount due is remitted later than the time required by this chapter, the supplier shall pay to the department all of the special fuel tax the dealer collected from the sale of special fuel during the reporting period.
As added by P.L.277-1993(ss), SEC.44. Amended by P.L.18-1994, SEC.28; P.L.236-2023, SEC.87.
Amendment history
As added by P.L.277-1993(ss), SEC.44. Amended by P.L.18-1994, SEC.28; P.L.236-2023, SEC.87.
Source: view the official text
Nearby sections (25 sections)
- 6-6-2.5-28 · License tax; presumptions; computation; liability for…
- 6-6-2.5-29 · Inventory tax; exclusions; amount
- 6-6-2.5-30 · Exemptions from special fuel tax; provision of export
- 6-6-2.5-30.5 · Exemption from special fuel tax; restricted personal,
- 6-6-2.5-31 · Exempted special fuels; dye requirements and…
- 6-6-2.5-32 · Refunds; circumstances; claims; investigations
- 6-6-2.5-32.5 · Refund of special fuel tax; qualification; claim for…
- 6-6-2.5-32.7 · Refund of special fuel tax; compressed natural gas…
- 6-6-2.5-33 · Payment of interest on refund claim
- 6-6-2.5-34 · Supplier deduction for gallons purchased; prohibition;
- 6-6-2.5-35 · Collection and remittance of special fuel tax
- 6-6-2.5-36 · Remittance of tax; procedures; deadline
- 6-6-2.5-37 · Costs of collection, reporting, and remittance; retention…
- 6-6-2.5-38 · Duties and responsibilities of supplier in collection of…
- 6-6-2.5-39 · Consumption of tax-exempt dyed or marked fuel for
- 6-6-2.5-40 · Transportation of special fuel; requirements and…
- 6-6-2.5-41 · Licenses
- 6-6-2.5-42 · Application for license; form and content; investigation
- 6-6-2.5-43 · Repealed
- 6-6-2.5-44 · Surety bond or cash deposit; filing by applicants
- 6-6-2.5-45 · Disclosure of financial records; increase in bond or cash
- 6-6-2.5-46 · Filing of new bond; conditions; cancellation of license;
- 6-6-2.5-47 · Deposit insufficient to ensure payment; written demand to…
- 6-6-2.5-48 · Release of surety from liability; written request; notice;
- 6-6-2.5-49 · Denial of license; hearing; notice