Form B400-12 Fuel Charge Return Schedule - Registered Road Carrier - Canada

Form B400-12 Fuel Charge Return Schedule - Registered Road Carrier - Canada is used by registered road carriers in Canada to report and calculate the fuel charge paid or payable on fuel used in qualified road vehicles. This form helps track and report the amount of fuel charge paid by carriers, which is subject to specific rules and regulations set by the Canadian government.

The Form B400-12 Fuel Charge Return Schedule for Registered Road Carrier in Canada is filed by the registered road carrier themselves.

FAQ

Q: What is Form B400-12?
A: Form B400-12 is a Fuel Charge Return Schedule for Registered Road Carriers in Canada.

Q: Who needs to use Form B400-12?
A: Registered Road Carriers in Canada need to use Form B400-12.

Q: What is the purpose of Form B400-12?
A: The purpose of Form B400-12 is to report and remit the fuel charge owed by Registered Road Carriers in Canada.

Q: What is a fuel charge?
A: A fuel charge is a tax imposed on the purchase of carbon-based fuel.

Q: How often should Form B400-12 be filed?
A: Form B400-12 should be filed quarterly.

Q: What information is required on Form B400-12?
A: Form B400-12 requires information such as the carrier's name, address, business number, and details of fuel purchases.

Q: What are the consequences of not filing Form B400-12?
A: Failure to file Form B400-12 can result in penalties and interest charges.

Q: Are there any exemptions or rebates available for the fuel charge?
A: There are certain exemptions and rebates available for the fuel charge, depending on the carrier's specific circumstances. It is recommended to consult the Canada Revenue Agency or a tax professional for more information.