Motor Fuel Tax Schedules And Reports Instruction Page 37
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43Line 41: Tax at $.23 per gal. = $.23 x line 40 (enter here and on p.1, line 19).
Compute the total ND $.23 tax due on excess losses.
● Multiply $.23 times line 40.
● Transfer the line 41 total to page 1, Column G, line 19.
Line 42: Value of 2% fuel = avg. price per gal. x line 40.
Report the total dollar value of excess losses subject to the ND 2% excise tax.
● To compute:
a. Add the page 1, Columns C and D, line 15, dollars for each month covered by this reconciliation.
b. Divide the dollar value in “a” by line 31 to arrive at an average price per gallon for the
reconciliation period.
c. Multiply the “b” price per gallon times line 40, and enter those totals on this line.
Line 43: Tax at 2% excise = .02 x line 42 (enter here and on p. 1, line 20).
Compute the total ND 2% excise tax due on excess losses.
● Multiply .02 (2%) times line 42, and enter the total on this line.
● Transfer this entry to page 1, Column G, line 20.
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