Form Ft-940 - Certification Of Use Of Motor Fuel Purchased In Volume printable pdf download

Form Ft-940 - Certification Of Use Of Motor Fuel Purchased In Volume

New York State Department of Taxation and Finance

FT-940

Certification of Use of Motor Fuel

(6/03)

Purchased in Volume

To be completed by the purchaser and given to the seller who must keep it for at least three years after the date of the last sale substantiated

by this certificate.

Name of seller

Name of purchaser

Street address

City

State

ZIP code

City

State

ZIP code

Purchaser’s certificate of authority number

(if any)

Check applicable box:

Single purchase certificate

Blanket certificate

I certify that the motor fuel I am purchasing:

will be resold by me and therefore only the prepaid sales tax should be included in my purchase price.

will be used by me and not resold. Therefore, the sales tax due on this purchase must be computed on the actual selling price at the

combined state and local sales tax rate in effect where the fuel is delivered.

Signature of purchaser or authorized representative

Title

Date

To the purchaser:

Failure to furnish this certificate to a seller of motor fuel will require them to charge you the greater of either the prepaid sales tax or the tax

computed on the selling price.

Furnishing false information in completing this certificate with intention to evade tax is a misdemeanor.

Instructions

This certificate must be completed by anyone purchasing motor

If Box 2 is checked, the seller will compute and collect the sales

fuel in volume. Purchasing in volume does not include purchases

tax due on the actual purchase price at the combined state and

at retail where the motor fuel will be dispensed directly into the

local sales tax rate in effect where the fuel is delivered to the

purchaser’s motor vehicle or into a small fuel container.

purchaser.

Recordkeeping

This certificate must be given to the seller to certify that the fuel

This certificate must be properly completed by the purchaser and

will be either resold or consumed by the purchaser.

given to the seller at the time of the first purchase from that seller.

Unless it is marked as a single purchase certificate, it shall be

If Box 1 is checked, the seller will pass through the amount of

considered to be part of any order given to the seller and shall

sales tax they have prepaid on the fuel and they must give the

remain in effect until revoked by the purchaser. The seller must

purchaser a properly completed Form FT-935, Certification of

retain this certificate for at least three years after the last sale to

Prepayment of Sales Tax and Payment of the Motor Fuel Tax and

which it is applicable.

the Petroleum Business Tax.

Form Ft-940 - Certification Of Use Of Motor Fuel Purchased In Volume

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