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Department of Revenue Services
State of ConnecticutIFTA P550.600Bulk Fuel Disbursements Schedule(New 05/18)Purpose: Use IFTA P550.600 to record bulk fuel disbursements for the month. Carrier Information
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How to fill out bulk fuel disbursements schedule
How to fill out bulk fuel disbursements schedule
01
To fill out the bulk fuel disbursements schedule, follow these steps:
02
Gather all necessary information such as fuel type, quantity, and date of disbursement.
03
Identify the disbursement location and record it accurately.
04
Determine the purpose of the fuel disbursement and include it in the schedule.
05
Write down the starting and ending fuel levels in the storage tank for accurate tracking.
06
Calculate the total fuel used by subtracting the ending fuel level from the starting fuel level.
07
Enter the calculated fuel usage in the appropriate field of the schedule.
08
Review and double-check all entered information for any errors or omissions.
09
Sign and date the completed bulk fuel disbursements schedule for documentation purposes.
Who needs bulk fuel disbursements schedule?
01
Bulk fuel disbursements schedule is typically needed by organizations and businesses involved in bulk fuel management.
02
These may include industries such as construction, transport, aviation, marine, and agriculture.
03
Any entity that regularly distributes or consumes fuel in large quantities can benefit from maintaining a bulk fuel disbursements schedule.
04
It helps in tracking and managing fuel usage, monitoring inventory levels, and ensuring compliance with regulations and internal control measures.
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What is bulk fuel disbursements schedule?
Bulk fuel disbursements schedule is a report that details the amount and distribution of fuel from a bulk storage facility.
Who is required to file bulk fuel disbursements schedule?
Businesses or entities that operate bulk storage facilities and distribute fuel are required to file bulk fuel disbursements schedule.
How to fill out bulk fuel disbursements schedule?
Bulk fuel disbursements schedule can be filled out by providing information such as the total amount of fuel distributed, types of fuel, distribution locations, and dates of disbursement.
What is the purpose of bulk fuel disbursements schedule?
The purpose of bulk fuel disbursements schedule is to track and monitor the distribution of fuel from bulk storage facilities to ensure compliance with regulations and proper documentation of fuel use.
What information must be reported on bulk fuel disbursements schedule?
Information such as total fuel distributed, types of fuel, distribution locations, and dates of disbursement must be reported on bulk fuel disbursements schedule.
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