Form 72A154 Report of Special Fuels Imported From Other States - Kentucky

What Is Form 72A154?

This is a legal form that was released by the Kentucky Department of Revenue - a government authority operating within Kentucky. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 72A154?
A: Form 72A154 is a report used to declare special fuels imported from other states into Kentucky.

Q: Who needs to file Form 72A154?
A: Individuals or businesses importing special fuels from other states into Kentucky need to file this form.

Q: What are special fuels?
A: Special fuels include gasoline, diesel fuel, kerosene, and any other fuel suitable for use in an internal combustion engine.

Q: Why is Form 72A154 important?
A: This form allows the state of Kentucky to track and collect taxes on special fuels imported from other states.

Q: When is the deadline for filing Form 72A154?
A: The deadline for filing Form 72A154 is typically the 20th day of the month following the month in which the fuel was imported.

Q: Are there any penalties for not filing Form 72A154?
A: Yes, failure to file this form or underreporting the imported special fuels may result in penalties and interest.

Q: Is Form 72A154 used for fuels imported from other countries?
A: No, this form is specifically for reporting special fuels imported from other states into Kentucky.

Q: Can Form 72A154 be filed electronically?
A: Yes, the Kentucky Department of Revenue offers an electronic filing option for Form 72A154.

Q: Is there any tax exemption for special fuels imported into Kentucky?
A: There may be certain exemptions or credits available for special fuels imported into Kentucky. It is recommended to consult with a tax professional or the Kentucky Department of Revenue for more information.