Form B402 Fuel Charge Return for Fuel Held in a Listed Province on Adjustment Day Under Section 38 of the Greenhouse Gas Pollution Pricing Act - Canada

Form B402 Fuel Charge Return for Fuel Held in a Listed Province on Adjustment Day Under Section 38 of the Greenhouse Gas Pollution Pricing Act is used in Canada to report and pay the fuel charge on fuel held in a province that is subject to the Greenhouse Gas Pollution Pricing Act. It helps the government track and regulate greenhouse gas emissions from fuel consumption.

The person or entity that holds the fuel on the adjustment day in a listed province under Section 38 of the Greenhouse Gas Pollution Pricing Act in Canada would be responsible for filing the Form B402 Fuel Charge Return.

FAQ

Q: What is Form B402 fuel charge return?A: Form B402 fuel charge return is a specific form that Canadians need to fill out to report and pay the fuel charge for fuel held in a listed province on adjustment day under Section 38 of the Greenhouse Gas Pollution Pricing Act.

Q: Who needs to file Form B402 fuel charge return?A: Anyone who holds fuel in a listed province on adjustment day and is required to pay the fuel charge under Section 38 of the Greenhouse Gas Pollution Pricing Act needs to file Form B402 fuel charge return.

Q: What is the purpose of Form B402 fuel charge return?A: The purpose of Form B402 fuel charge return is to report and pay the fuel charge for fuel held in a listed province on adjustment day, as required by the Greenhouse Gas Pollution Pricing Act.

Q: What happens if I don't file Form B402 fuel charge return?A: If you are required to file Form B402 fuel charge return and fail to do so, you may be subject to penalties and interest charges as determined by the Canada Revenue Agency (CRA). It is important to fulfill your filing obligations to avoid these consequences.