South Carolina Code of Laws — Title 12 (Taxation)

S.C. Code Ann. § 12-28-1380

Persons purchasing gallons user fee-exempt for resale to government entities must file report

Official textscstatehouse.gov11 subsections

# (A)

A person purchasing gallons user fee-exempt acquired pursuant to Section 12-28-740(1) for resale to government entities exempted under Section 12-28-710 shall file a report.

# (B)

The report must contain:

# (1)

total volume of net gallons acquired from the authorized supplier user fee-exempt;

# (2)

identification of authorized supplier;

# (3)

a detailed listing of the bulk deliveries to each user fee-exempt person segregated by authorization code;

# (4)

date of deliveries;

# (5)

volume delivered;

# (6)

amount of excess tax-exempt gallons sold over purchases or excess of user fee-exempt purchases over sales;

# (7)

the amount of penalty at ten percent of the amount by which excess of user fee-exempt purchases over sales exceeds five percent of user fee-exempt purchases;

# (8)

other information the department may require;

# (9)

sworn statement by the vendor as to the accuracy of the information contained in the report.

Last amended: 1995 Act No. 136, SECTION 2.

Source: view the official text

In this chapter (40 sections)

Full table of contents →