ALABAMA DEPARTMENT OF REVENUE

BUSINESS & LICENSE TAX DIVISION

MOTOR FUELS TAX RULE

810-8-1-.55. Purchase Records of a Licensed Distributor.
 
(1)  A licensed distributor shall maintain complete records of inventories, purchases, receipts and tank gaugings or meter readings.
 
(2)  Every distributor must keep records of purchases showing each purchase of motor fuel products, the seller from whom each purchase was made, the commodity purchased, the date, invoice number, gallonage and value of each purchase, the method of transportation and shipping document for each delivery to the distributor.
 
(3)  Distributor must keep records to substantiate any item appearing on the monthly report. Records must be maintained in a form satisfactory to the department and shall be made available for inspection or audit by the department.

(Sections 40-17-9, 40-17-18 and 40-17-221(b), Code of Alabama 1975) History: Amendment filed with LRS January 19, 1996. Certification filed with LRS April 29, 1996, effective date June 3, 1996.

 
 
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