Indiana DOR Announces Gasoline Use Tax Rate for March 2023

The Indiana Department of Revenue Feb. 1 announced that the March 2023 gasoline use tax rate is $0.186 per gallon, for sales and use and excise tax purposes. For the period January 16 to February 15, the statewide average retail price of gasoline was $2.6605 per gallon, excluding the Indiana gasoline tax, federal gasoline tax, Indiana gasoline use tax, and Indiana gross retail tax (if any). The announcement includes the method of calculating the gasoline use tax rate as well as a table providing historical gasoline use tax and prepaid sales tax rates. [Ind. Dep’t of Revenue, Departmental Notice 2, ...