Tenn. Comp. R. & Regs. 1320-07-06-.01
A distributor or dealer may sell or transfer fuel to an exporter and pay only the tax of one twentieth of one cent (1/20¢) to the department where the special tax of one cent (1¢) has not previously been paid or may take credit or apply for a refund of nineteen twentieths of one cent (19/20¢) where this special tax has already been paid on the product being exported. A dealer or distributor shall be held responsible for payment of all taxes on any product not exported and on which proper taxes, including gasoline tax, highway use tax, and special tax, have not been paid or have been improperly refunded. Applicable penalty and interest shall also be included in any tax determination.
Tenn. Comp. R. & Regs. 1320-07-06-.01
Authority: T.C.A. §67-101.