Form PET387 (RV-00112) Transportation Fuel Equity Return - Tennessee

What Is Form PET387 (RV-00112)?

This is a legal form that was released by the Tennessee Department of Revenue - a government authority operating within Tennessee. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form PET387?
A: Form PET387 is a return form used in Tennessee to report and calculate the Transportation Fuel Equity fee.

Q: What is the purpose of Form PET387?
A: Form PET387 is used to determine and report the required Transportation Fuel Equity fee that motor fuel distributors must pay in Tennessee.

Q: Who needs to file Form PET387?
A: Motor fuel distributors in Tennessee are required to file Form PET387.

Q: What is the Transportation Fuel Equity fee?
A: The Transportation Fuel Equity fee is a fee imposed on motor fuel distributors in Tennessee to create equity among distributors and reduce unfair competition.

Q: How often does Form PET387 need to be filed?
A: Form PET387 needs to be filed monthly by motor fuel distributors in Tennessee.

Q: Are there any penalties for not filing Form PET387?
A: Yes, there are penalties for not filing Form PET387 or filing it late. It is important to comply with the filing requirements to avoid penalties.

Q: What information is required to fill out Form PET387?
A: The form requires information such as the distributor's name, address, fuel sales volume, and other details related to the calculation of the Transportation Fuel Equity fee.