45 Ind. Admin. Code 2.2-7-2

Current through December 25, 2024

Section 45 IAC 2.2-7-2 - Rate of tax

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5

Sec. 2.

With respect to the sale of gasoline which is dispensed from a metered pump, the retail merchant shall collect for each unit sold an amount equal to:

(1) The price per unit before the addition of state and federal taxes;

(2) Multiplied by the sales tax rate.

45 IAC 2.2-7-2

Department of State Revenue; Ch. 7, Reg. 6-2.5-7-3010; filed Dec 1, 1982, 10:35 am: 6 IR 64