Get Form Pt-103-i

Filling out the Form PT-103-I is a crucial step for individuals and organizations registered as residual petroleum product businesses in New York State. This guide provides clear and concise instructions to help users successfully complete the form online.

Follow the steps to fill out the Form PT-103-I accurately.

1. Click ‘Get Form’ button to access the form and open it in your preferred online editor.
2. Begin with the inventory section. Enter the total gallons of your residual petroleum product on hand at all storage facilities in New York State at the beginning of the month on line 1.
3. Continue with line 2 by reporting the total number of gallons imported from outside the state as per Form PT-103.1, Part I.
4. On line 3, enter the total gallons received from within New York State, referenced from Form PT-103.1, Part II.
5. For line 4, input the total number of other receipts of residual petroleum product as detailed in Form PT-103.1, Part III.
6. Line 5 requires you to calculate any gains or losses of product due to evaporation or handling. If there are losses, note them in brackets.
7. On line 7, indicate the total gallons on hand at the end of the month. Ensure this is not a negative amount.
8. Enter the total gallons sold or used during the reporting period on line 8.
9. Move to the exempt sales and use section. Record the total gallons sold to registered businesses on line 9.
10. On line 10, include sale gallons to government entities without passing through the petroleum business tax.
11. Continue through the taxable sales and uses section by filling line 21 with the number of gallons sold for nonresidential heating or cooling.
12. Line 22 requires gallons sold to electric corporations without a direct pay permit for electricity production.
13. On line 24, report the remaining gallons sold after accounting for exempt sales.
14. Enter any necessary adjustments on line 26 and provide explanations on additional sheets if needed.
15. Finally, review your entries, then save changes, download, print, or share the completed form as required.

Complete your Form PT-103-I online today for a seamless submission experience.