Section 500.15 - Perfecting exemptions for suppliers, tank wagon importers and importers of dyed diesel fuelAll exemptions under Section 10 of this act, not expressly covered under Sections 11 through 14 of this act, shall be perfected as follows:
1. A supplier or tank wagon importer shall take a deduction against motor fuel shown on the monthly report for those gallons of diesel fuel removed from a terminal or refinery destined for delivery to a point in this state as shown on the shipping papers, as to which dye was added in a manner which conforms to federal requirements established by the Internal Revenue Code and regulations issued thereunder; or2. An importer shall take a deduction against tax owed under Section 18 of this act for dyed diesel fuel if such diesel fuel would have met the requirements of paragraph 1 of this section.Okla. Stat. tit. 68, § 500.15
Added by Laws 1996, HB 2208, c. 345, § 15, eff. 10/1/1996.