Current through September 30, 2024
Section 1210.61 - What additional reporting requirements must I meet for Indian oil valuation purposes?(a) If you must report and pay under § 1206.52 of this chapter, you must use Sales Type Code ARMS on Form ONRR-2014.(b) If you must report and pay under § 1206.53 of this chapter, you must use Sales Type Code NARM on Form ONRR-2014.(c) If you must report and pay under § 1206.54 of this chapter, you must use Sales Type Code OINX on Form ONRR-2014.(d) You must report one of the following crude oil types in the product code field of Form ONRR-2014:(4) Black Wax (code 64); or(5) Yellow Wax (code 65).(e) All of the remaining requirements of this subpart apply.