67-3-512 - Payment of taxes and fees by fuel blenders. - Tennessee Statutes

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67-3-512. Payment of taxes and fees by fuel blenders.

Each person blending untaxed materials, including blendstocks and additives, with taxable petroleum products as to which taxes and fees have already been paid or accrued, shall remit the taxes and fees imposed by this chapter on the previously untaxed volumes. Should the blending process alter the specifications of the blended product according to American Society for Testing Materials (ASTM) specifications, then applicable taxes and fees shall apply to the altered product.

[Acts 1997, ch. 316, § 1; T.C.A., § 67-3-1612.]

State Codes and Statutes

Statutes > Tennessee > Title-67 > Chapter-3 > Part-5 > 67-3-512

67-3-512. Payment of taxes and fees by fuel blenders.

Each person blending untaxed materials, including blendstocks and additives, with taxable petroleum products as to which taxes and fees have already been paid or accrued, shall remit the taxes and fees imposed by this chapter on the previously untaxed volumes. Should the blending process alter the specifications of the blended product according to American Society for Testing Materials (ASTM) specifications, then applicable taxes and fees shall apply to the altered product.

[Acts 1997, ch. 316, § 1; T.C.A., § 67-3-1612.]

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State Codes and Statutes

Statutes > Tennessee > Title-67 > Chapter-3 > Part-5 > 67-3-512

67-3-512. Payment of taxes and fees by fuel blenders.

Each person blending untaxed materials, including blendstocks and additives, with taxable petroleum products as to which taxes and fees have already been paid or accrued, shall remit the taxes and fees imposed by this chapter on the previously untaxed volumes. Should the blending process alter the specifications of the blended product according to American Society for Testing Materials (ASTM) specifications, then applicable taxes and fees shall apply to the altered product.

[Acts 1997, ch. 316, § 1; T.C.A., § 67-3-1612.]