Tenn. Comp. R. & Regs. 1320-07-06-.02
Current through December 10, 2024
Any dealer or distributor paying the special tax, who sells or distributes fuel for use to a buyer who will seek a refund of all or part of the special tax, shall indicate on the invoice given to the buyer that the special tax has been paid. A declaration or figure separate calculating the special tax paid may be shown on all invoices, whether or not the buyer intents to seek a refund. The special tax shall be considered as part of the sales price for the purpose of calculating Sales and Use taxes, notwithstanding the fact that the special tax is separately stated by the dealer or distributor.
Tenn. Comp. R. & Regs. 1320-07-06-.02
Authority: T.C.A. §67-101.