Frequently Asked Questions about Collector and Non-Collector Exchange — Fuel Tax and Gasoline Tax
How are fuel or gasoline exchanges between a collector and non‑collector reported?
When product is exchanged between a collector and a non‑collector, the collector needs to collect and remit the tax on the taxable product lifted by or delivered to the non‑collector.
A collector receiving product through a product exchange with a non‑collector needs to pay the tax to the non‑collector and can claim a credit for tax already paid on the fuel by the non‑collector. The collector must report on their monthly return their tax paid purchase when the product is received, and may claim the credit on the same return.