Fuel Tax Exemption Details
Detailed Record of Every Tax-Exempt Fuel Sale.
Fuel Tax Exemption Details Report
What This Report Is
This report shows detailed information for each individual fuel sale where a tax exemption was applied. It includes the exact time and date of each transaction, how much tax-free fuel was sold, and the discount amount applied for tax exemption.
Why It Matters
- Tracks each tax-exempt fuel transaction for record keeping and audits.
- Makes it easy to verify every exempt sale with exact date and time.
- Helps catch mistakes or unusual activity quickly.
- Keeps your business in compliance with tax rules.
What to Look For
- Date & Time (Event Start/End): When each exempt sale happened.
- Quantity: How many units (litres/gallons) were sold tax-free.
- Amount: Total dollar value of the exempt sale.
- Discount: The dollar amount of tax savings applied.
- Grade: The fuel type sold tax-free (Regular, Plus, Supreme, etc.).
What to Do
- Review all dates and times: Make sure all exempt sales happened during business hours and match POS records.
- Check fuel grades: Confirm exemptions are only applied to allowed fuel types.
- Review discounts: Make sure tax discounts applied match local tax exemption rates.
- Keep for audits: This detailed report is often requested during government audits or tax reviews.