N.M. Admin. Code § 3.16.110.10

Current through Register Vol. 35, No. 21, November 5, 2024

Section 3.16.110.10 - ALTERNATIVE CALCULATION AVAILABLE FOR CERTAIN VEHICLES

A. An alternative calculation to determine the special fuel excise tax due under Section 7-16A-11 NMSA 1978 is available under Section 3.16.110.12 NMAC for vehicles which:

(1) are registered with the state under the annual renewal program or the international registration program (IRP);

(2) are equipped with a power take-off (PTO) from the transmission or main engine to operate some form of auxiliary equipment or a non-automotive apparatus mounted on the vehicle, provided a common supply tank for special fuel is used to propel the vehicle along the highway and to operate the auxiliary equipment or non-automotive apparatus; and

(3) are equipped with an operating odometer, if the vehicle is a non-combination vehicle; if the vehicle is a combination, the tractor must have an operating odometer and the trailer or semitrailer must have an operating hub mileage gauge known as a "hubometer".

B. In addition, the owner or operator of the vehicle must:

(1) have applied for and been issued an annual special fuel permit and tax qualification card, valid for the vehicle; and

(2) be registered with the department under Section 7-1-12 NMSA 1978 as a CRS taxpayer for reporting and remitting compensating tax.

C. An annual election to use the alternative computation is made for each eligible vehicle by a declaration on form SF-11 specifying the type of vehicle, the principle use of the vehicle if not self-explanatory by type, the vehicle identification number of the power unit, type of auxiliary equipment or non-automotive apparatus, the use of odometer or hubometer or notification of the absence of either for agricultural or construction equipment and the name and address of the owner and operator. Use of the alternative calculation is mandatory for each specified vehicle for the entire calendar year, or portion thereof in the case of a newly registered vehicle.

N.M. Admin. Code § 3.16.110.10

2/1/93, 12/31/96; 3.16.110.10 NMAC - Rn, 3 NMAC 20.11.10 & A, 6/14/01