Instructions For Form 720 - Quarterly Federal Excise Tax Return

Type of use 5. Write “Bus” in the space to the left of the

Claim requirements. The following requirements must be

Type of use column. Enter the correct claim rate in the Rate

met.

column. The claim rates for type of use 5 are listed below.

1. The claim must be for diesel fuel sold during a period

that is at least 1 week.

Line number

Claim rate

2. The amount of the claim must be at least $200. To

$.109

meet this minimum requirement, amounts from lines 7, 8,

and 9 may be combined.

.110

3. Claims must be filed by the last day of the first quarter

.109*

following the earliest quarter of the claimant’s income tax

year included in the claim. For example, a calendar year

.110

income taxpayer’s claim for the first quarter is due June 30 if

.17

filed on Form 8849. However, Form 720 must be filed by

April 30.

.17

.169

If requirements 1 – 3 above are not met, see Annual

Claims on page 13.

* This is the claim rate per gasoline gallon equivalent (126.67 cubic feet of CNG).

Registration number. Enter your UB registration number

Information for Claims on Lines 7–11

in the space provided.

Registration number. To make an ultimate vendor claim

Lines 8a and 8b. Sales By Registered

on lines 7 – 11, you must be registered. Enter your

Ultimate Vendors of Undyed Kerosene

registration number, including the prefix, on the applicable

(Other Than Kerosene Sold for Use in

line for your claim. If you are not registered, use Form 637,

Application for Registration (For Certain Excise Tax

Aviation)

Activities), to apply for a registration number.

Claimant. For line 8a, the registered ultimate vendor of the

Required certificates or waivers. The required

kerosene is the only person eligible to make this claim and

certificates or waivers for lines 7 – 11 are listed in the line

has obtained the required certificate from the buyer and has

instructions and are available in Pub. 510.

no reason to believe any information in the certificate is

false. See Model Certificate P in Pub. 510. For line 8b,

Line 7a. Sales By Registered Ultimate

claimant has a statement, if required, that contains the date

Vendors of Undyed Diesel Fuel

of sale, name and address of the buyer, and the number of

gallons of kerosene sold to the buyer. For lines 8a and 8b,

Claimant. For line 7a, the registered ultimate vendor of the

only one claim may be filed with respect to any gallon of

diesel fuel is the only person eligible to make this claim and

kerosene.

has obtained the required certificate from the buyer and has

no reason to believe any information in the certificate is

Allowable sales. The fuel must have been sold during the

false. See Model Certificate P in Pub. 510. Only one claim

period of claim:

•

may be filed with respect to any gallon of diesel fuel.

For line 8a, use by a state or local government (including

Allowable sales. The fuel must have been sold during the

essential government use by an Indian tribal government),

period of claim for the exclusive use by a state or local

•

government (including essential government use by an

For line 8b, from a blocked pump.

Indian tribal government).

Claim requirements. The following requirements must be

met.

1. The claim must be for kerosene sold during a period

1. The claim must be for diesel fuel sold during a period

that is at least 1 week.

2. The amount of the claim must be at least $100. To

2. The amount of the claim must be at least $200. To

meet this minimum, amounts from lines 8 and 9 may be

meet this minimum requirement, amounts from lines 7, 8,

combined.

and 9 may be combined.

3. Claims must be filed by the last day of the first quarter

following the earliest quarter of the claimant’s income tax

year included in the claim. For example, a calendar year

income taxpayer’s claim for the first quarter is due June 30 if

filed on Form 8849. However, Form 720 must be filed by

April 30.

If requirements 1 – 3 above are not met, see Annual

Claims on page 13.

Registration number. Enter your UV or UP registration

Registration number. Enter your UV registration number

number in the space provided.

in the space provided.

Information to be submitted. For claims on line 8a, attach

Information to be submitted. For claims on line 7a, attach

a separate sheet with the name and TIN of each

governmental unit to whom the kerosene was sold and the

governmental unit to whom the diesel fuel was sold and the

number of gallons sold to each.

Line 7b. Sales by Registered Ultimate

Line 8c. Sales by Registered Ultimate

Vendors of Undyed Diesel Fuel for Use in

Vendors of Undyed Kerosene for Use in

Certain Intercity and Local Buses

Claimant. For line 7b, the registered ultimate vendor of the

Claimant. For line 8c, the registered ultimate vendor of the

diesel fuel is eligible to make a claim only if the buyer

kerosene is eligible to make a claim only if the buyer waives

waives his or her right to make the claim by providing the

his or her right to make the claim by providing the registered

registered ultimate vendor with an unexpired waiver. See

ultimate vendor with an unexpired waiver. See Model

Model Waiver N in Pub. 510. Only one claim may be filed

Waiver N in Pub. 510. Only one claim may be filed with

with respect to any gallon of diesel fuel.

respect to any gallon of kerosene.

-11-

Instructions For Form 720 - Quarterly Federal Excise Tax Return - 2008 Page 11

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