Form 720 - Quarterly Federal Excise Tax Return Page 7
Download a blank fillable Form 720 - Quarterly Federal Excise Tax Return in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 720 - Quarterly Federal Excise Tax Return with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
96
Form 720 (Rev. 4-2017)
Page
6
Nontaxable Use of Alternative Fuel
Caution: There is a reduced credit rate for use in certain intercity and local buses (type of use 5) (see instructions).
Gallons, or gasoline
Type of use
Rate
Amount of claim
CRN
or diesel gallon
equivalents
$
a Liquefied petroleum gas (LPG) (see instructions)
$.183
419
b “P Series” fuels
.183
420
c Compressed natural gas (CNG) (see instructions)
.183
421
d Liquefied hydrogen
.183
422
e Fischer-Tropsch process liquid fuel from coal (including peat)
.243
423
f
Liquid fuel derived from biomass
.243
424
g Liquefied natural gas (LNG) (see instructions)
.243
425
h Liquefied gas derived from biomass
.183
435
Period of claim
▶
7
Sales by Registered Ultimate Vendors of Undyed Diesel Fuel
Registration number
▶
Claimant certifies that it sold the diesel fuel at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained
written consent of the buyer to make the claim. Claimant certifies that the diesel fuel did not contain visible evidence of dye.
Exception. If any of the diesel fuel included in this claim did contain visible evidence of dye, attach a detailed
explanation and check here .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
▶
Rate
Gallons
Amount of claim
CRN
$
a Use by a state or local government
$.243
360
b Use in certain intercity and local buses
.17
350
8
Sales by Registered Ultimate Vendors of Undyed Kerosene
Period of claim
▶
(Other Than Kerosene For Use in Aviation)
Registration number
▶
Claimant certifies that it sold the kerosene at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained the
written consent of the buyer to make the claim. Claimant certifies that the kerosene did not contain visible evidence of dye.
Exception. If any of the kerosene included in this claim did contain visible evidence of dye, attach a detailed
explanation and check here .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
▶
Amount of claim
Rate
Gallons
CRN
$
a Use by a state or local government
$.243
346
b Sales from a blocked pump
.243
c Use in certain intercity and local buses
.17
347
9
Sales by Registered Ultimate Vendors of Kerosene For Use in Aviation
Registration number
▶
Claimant sold the kerosene for use in aviation at a tax-excluded price and has not collected the amount of tax from the buyer,
repaid the amount of tax to the buyer, or has obtained written consent of the buyer to make the claim. See the instructions for
additional information to be submitted.
Type of use
Rate
Gallons
Amount of claim
CRN
$
a Use in commercial aviation (other than foreign trade) taxed at $.219
$.175
355
b Use in commercial aviation (other than foreign trade) taxed at $.244
.200
417
c Nonexempt use in noncommercial aviation
.025
418
d Other nontaxable uses taxed at $.244
.243
346
e Other nontaxable uses taxed at $.219
.218
369
f
LUST tax on aviation fuels used in foreign trade
.001
433
10
Sales by Registered Ultimate Vendors of Gasoline
Registration number
▶
Claimant sold the gasoline at a tax-excluded price and has not collected the amount of tax from the buyer, repaid the amount
of tax to the buyer, or has obtained written consent of the buyer to take the claim; and obtained an unexpired certificate from
the buyer and has no reason to believe any information in the certificate is false. See the instructions for additional information
to be submitted.
Rate
Gallons
Amount of claim
CRN
$
a Use by a nonprofit educational organization
$.183
362
b Use by a state or local government
.183
720
Form
(Rev. 4-2017)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial