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WHAT IS NTSC? NTSC is a trade association. It represents and promotes the interests of the highway bulk transportation community before the US Congress, Federal agencies such as the DOT, EPA, OSHA
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NTTC stands for Non-Taxable Transaction Certificate, which is a document that certifies a transaction as non-taxable.
Businesses and individuals who engage in transactions that are deemed non-taxable may be required to file an NTTC.
To fill out an NTTC, the taxpayer must provide details of the transaction and certify that it meets the criteria for being non-taxable.
The purpose of an NTTC is to provide evidence that a specific transaction is not subject to taxation, thus preventing double taxation.
The NTTC must include details of the transaction such as the parties involved, the nature of the transaction, and the reason for it being non-taxable.
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