South Dakota § 10-47B-126 Credit for taxes paid on fuel acquired by importer from out

South Dakota Statutes

§ 10-47B-126 — Credit for taxes paid on fuel acquired by importer from out

South Dakota § 10-47B-126

Title 10TAXATION

Ch. 10-47AFUEL TAXATION

This text of South Dakota § 10-47B-126 (Credit for taxes paid on fuel acquired by importer from out) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 10-47B-126 (2026).

Text

A licensed importer may apply for and obtain a credit for taxes paid to this state on fuel which was acquired from a licensed out - of - state supplier for which the terminal operator issued a bill - of - lading indicating South Dakota as the destination state which was later diverted to a destination outside of this state. If the credit is not used by the person in the normal course of business within a two - month period a refund shall be paid to the person. The claimant shall submit a copy of the original bill - of - lading, a copy of the diversion ticket, and evidence that the fuel was reported to the other state.

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A licensed importer may apply for and obtain a credit for taxes paid to this state on fuel which was acquired from a licensed out - of - state supplier for which the terminal operator issued a bill - of - lading indicating South Dakota as the destination state which was later diverted to a destination outside of this state. If the credit is not used by the person in the normal course of business within a two - month period a refund shall be paid to the person. The claimant shall submit a copy of the original bill - of - lading, a copy of the diversion ticket, and evidence that the fuel was reported to the other state.