Form 72A301 Motor Fuels License Bond - Kentucky

What Is Form 72A301?

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 72A301?
A: Form 72A301 is the Motor FuelsLicense Bond for Kentucky.

Q: What is a Motor Fuels License Bond?
A: A Motor Fuels License Bond is a type of surety bond required by the Kentucky Department of Revenue.

Q: Who needs to file Form 72A301?
A: Motor fuel suppliers, including wholesalers and distributors, in Kentucky need to file Form 72A301.

Q: What is the purpose of Form 72A301?
A: The purpose of Form 72A301 is to provide financial security to the state for payment of taxes, penalties, and interest on motor fuel sales.

Q: What information is required on Form 72A301?
A: Form 72A301 requires information such as the name, address, and contact details of the motor fuel supplier, as well as the bond amount.

Q: Is Form 72A301 specific to Kentucky?
A: Yes, Form 72A301 is specific to the state of Kentucky. Other states may have similar forms or requirements for motor fuel suppliers.

Q: How often do I need to file Form 72A301?
A: Form 72A301 needs to be filed annually or as otherwise required by the Kentucky Department of Revenue.

Q: What happens if I don't file Form 72A301?
A: Failure to file Form 72A301 can result in penalties, including fines and the suspension or revocation of the motor fuel supplier's license.

Q: Can I use a surety bond for Form 72A301?
A: Yes, a surety bond can be used to meet the bonding requirements of Form 72A301.