Instructions for Form PPT-D2-INV Floor Stocks Inventory Report for Petroleum Products Gross Receipts Tax - New Jersey

Instructions for Form PPT-D2-INV Floor Stocks Inventory Report for Petroleum Products Gross Receipts Tax - New Jersey

This document contains official instructions for Form PPT-D2-INV , Floor Stocks Gross Receipts Tax - a form released and collected by the New Jersey Department of the Treasury.

FAQ

Q: What is Form PPT-D2-INV?A: Form PPT-D2-INV is the Floor Stocks Inventory Report for Petroleum Products Gross Receipts Tax in New Jersey.

Q: Who needs to file Form PPT-D2-INV?A: Businesses that store or have possession of untaxed petroleum products in New Jersey are required to file Form PPT-D2-INV.

Q: What is the purpose of Form PPT-D2-INV?A: Form PPT-D2-INV is used to report the inventory of petroleum products subject to the Gross Receipts Tax in New Jersey.

Q: When should Form PPT-D2-INV be filed?A: Form PPT-D2-INV should be filed annually by April 30th.

Q: What information is required on Form PPT-D2-INV?A: Form PPT-D2-INV requires the reporting of the quantity and types of petroleum products held in inventory as of the last day of the tax year.

Q: Are there any penalties for not filing Form PPT-D2-INV?A: Yes, failure to file Form PPT-D2-INV or filing it late may result in penalties and interest charges.

ADVERTISEMENT

Instruction Details:

  • This 1-page document is available for download in PDF;
  • Actual and applicable for the current year;
  • Complete, printable, and free.

Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the New Jersey Department of the Treasury.

Download Instructions for Form PPT-D2-INV Floor Stocks Inventory Report for Petroleum Products Gross Receipts Tax - New Jersey

4.5 of 5 (21 votes)
  • Instructions for Form PPT-D2-INV Floor Stocks Inventory Report for Petroleum Products Gross Receipts Tax - New Jersey, Page 1
ADVERTISEMENT