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MFUT 76 Illinois Motor Fuel Use Tax Individual Trip Summary Report  Form

MFUT 76 Illinois Motor Fuel Use Tax Individual Trip Summary Report Form

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do you sell biodiesel at your gas station a sales tax audit on biodiesel can be very confusing for both the auditor and the owner of a gas station most importantly the mixing of soy is a questionable process whereby the output of biodiesel can vary as a result of De guming oil de guming creates variations in the soy that is used to blend biodiesel fuel the actual percentage of error in determining the correct amount is 27% of the soy this may seem like a large percentage oil de guming fluctuates with temperatures which change the amount of soy that needs to be Blended when you are using a machine that is used to blend fuels the temperature at which the soy is stored is a primary issue the colder the temperature the more likely it is that less soy will be used in the machine that is already PR programmed in the event that you are audited by the state for sales tax of your gas station on fuel your biodiesel sales will need to be justified by the purchase of your soy if you have not purch

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