us-ok/stat
Okla. Stat. tit. 68, § 500.18
Payment of tax by licensed occasional importers and licensed bonded importers
Except as otherwise provided in the Motor Fuel Tax Code, the tax imposed by Sections 500.4 and 500.4B of this title on motor fuel measured by gallons imported from another state shall be paid by the:
# 1.
Licensed occasional importer who has imported the nonexempt motor fuel within three (3) business days of the earlier of the time that the nonexempt motor fuel was entered into the state, or the time that a valid import verification number required by subsection F of Section 500.33 of this title was assigned by the Commission, under such rules and procedures as the Commission may provide; or
# 2.
Licensed bonded importer who has imported the nonexempt motor fuel during a month on or before the twentieth day of the following month unless such day falls upon a weekend or state or banking holiday, in which case the liability would be due the next succeeding business day.
However, if the supplier has made a blanket election to precollect tax under Section 500.19 of this title, then the supplier shall become jointly liable with the importer for the tax and shall remit the tax to the Commission on behalf of the importer under the same terms as a supplier payment under Section 500.20 of this title, and no import verification number shall be required.
Amendment history
Added by Laws 1996, c. 345, § 18, eff. Oct. 1, 1996. Amended by Laws 2019, c. 169, § 1, eff. Nov. 1, 2019.
Source: view the official text
Nearby sections (25 sections)
- 500.7 · Apportionment of diesel fuel tax
- 500.8 · Measurement of tax on importer gallons and supplier gallons
- 500.9 · Taxation of motor fuels held in inventory on date of increase…
- 500.10 · Exemptions from motor fuels tax
- 500.10-1 · Ethanol credit – Refund claims process
- 500.11 · Perfecting exemption for exports
- 500.12 · Regulations for exempt use of kerosene
- 500.13 · Procedures for tax exempt sales of motor fuel to governmental…
- 500.14 · Perfection of certain exemptions by refund claim
- 500.15 · Perfecting exemptions for suppliers, tank wagon importers and…
- 500.16 · Procedures for claiming refund - Investigations - Credit in…
- 500.17 · Interest on refund
- 500.18 · Payment of tax by licensed occasional importers and licensed…
- 500.19 · Election regarding fuel removals from out-of-state terminals
- 500.20 · Precollection and remittance of tax by suppliers
- 500.21 · Joint and several liability of termianl operators - Remittance…
- 500.22 · Election by eligible purchasers to defer motor fuel tax…
- 500.23 · Election to defer motor fuel tax remittances - Rescission of…
- 500.24 · Suppliers' entitlement to credit for uncollectible taxes
- 500.25 · Remittance of motor fuel taxes by licensed tank wagon…
- 500.26 · Remittance by electronic funds transfer required
- 500.27 · Retainage of 0.1% of tax for administrative costs
- 500.28 · Collection of tax - Liability wholesaler, retailer, end-user,…
- 500.29 · Diversions of motor fuel - Payment of tax
- 500.30 · Deferred payment by vendors without eligible purchaser