Specific Instructions

Name and Address

Include the suite, room, or other unit number after the street address.

P.O. Box

If the post office does not deliver mail to the street address and you have a P.O. box, show the box number instead of the street address.

Foreign Address

Enter the information in the following order: city, province or state, and country. Follow the country's practice for entering the postal code. Do not abbreviate the country's name.

Contact Information

Enter the name, daytime telephone number, fax number, and email address for the person who should be contacted to discuss this information return.

Identification Numbers

Employer Identification Number (EIN)

Enter your EIN. If you do not have an EIN, use Form SS-4, Application for Employer Identification Number, to apply for one. You can get this form at Social Security Administration offices or by calling 1-800-TAX-FORM (1-800-829-3676). You can apply for an EIN online or by telephone, fax, or mail. See the Instructions for Form SS-4 for more information. If you have applied for an EIN but you do not have your EIN by the time you must file your information return, enter “Applied for” in any space where your EIN must be entered.

Form 637 Registration Number

Enter the assigned IRS number. Regulations sections 48.4101-1(c)(1)(iii)(iv)(vi) and (vii) require pipeline operators, position holders, terminal operators, and vessel operators to be registered by the IRS. If you do not have a registration number, use Form 637, Application for Registration (For Certain Excise Tax Activities). Form 637 has information on how to apply for a registration number.

Carrier and Consignor Names and EINs

EINs are used to associate and verify transactions you report to the IRS. Therefore, it is important that you furnish correct names and EINs for carriers and consignors on the forms sent to the IRS.

You may use Form W-9, Request for Taxpayer Identification Number and Certification, or your own form, to request an EIN from a carrier or a consignor. You may be subject to a penalty for an incorrect or missing EIN on an information return. See Penalty on page 1. You are required to maintain the confidentiality of information obtained on a Form W-9 relating to the taxpayer's identity and you may use such information only to comply with filing these information returns.

Note.

Foreign persons may use the appropriate Form W-8. See the Instructions for the Requester of Forms W-8BEN, W-8ECI, W-8EXP, and W-8IMY.

Signature

Form 720-CS must be signed by a person who has authority to sign.

Definitions

Approved terminal.   A terminal (see Terminal definition below) that is operated by a taxable fuel registrant that is a terminal operator.

Consignor.   The person that hires the carrier to transport liquid product.

Exports.   Reportable products leaving the US. Only the mode codes listed are allowed. For example, EB, ES, or EP (for pipeline). Reporting the destination country is optional. See Table 3. Abbreviations on page 6.

Facility control number (FCN).   A number that designates a storage location within the motor fuel, renewable fuel production, or the bulk transfer/terminal system. Facilities include approved terminals (TCN), biodiesel production facilities (BCN), or ethanol production facilities (ECN). The list of facilities can be found at www.irs.gov/excise.

Gross gallons.   The total product measured in U.S. gallons without temperature or barometric adjustments.

Imports.   Reportable liquid products entered into the US by an importer of record/enterer. Only the following mode codes listed are allowed. For example, IB, IS, or IP (for pipeline). Reporting the country of origin is optional. See Table 3. Abbreviations on page 6.

   Note. An import is only reported when the product is first entered into the US. Fuel is no longer characterized as an import after the fuel product enters the US.

Liquid product.   Any liquid that is transported into storage at any facility. Liquid products are specifically identified and reported separately by their product codes listed in Table 2. Product Codes on page 5. Product code 122 is used for any unlisted liquid that is used for blending into other products. Product code 092 is used for other unlisted liquids.

Mode codes.    The table below lists the mode codes.

Table 1. Mode codes

B barge IB import by barge EB export by barge
S ship (Great Lake or ocean) IS import by ship ES export by ship
PL pipeline IP import by pipeline EP export by pipeline

Net gallons.   Liquid product measured in U.S. gallons corrected to a temperature of 60° Fahrenheit or 15° Celsius and to a pressure of 14.7 pounds per square inch (psi).

Terminal.   A taxable fuel storage and distribution facility that is supplied by pipeline or vessel and from which liquid products, such as taxable fuel, may be removed at a rack. However, the term does not include any facility at which gasoline blendstocks are used in the manufacture of products other than finished gasoline and from which no gasoline is removed. Also, the term does not include any facility where finished gasoline, undyed diesel fuel, or undyed kerosene is stored if the facility is operated by a taxable fuel registrant and all such taxable fuel stored at the facility has been previously taxed under section 4081 upon removal from a refinery or terminal.

Transport carriers (bulk).   Includes pipelines, barges, or ships transporting reportable liquid products to or from facilities. Bulk transport carriers do not report crude oil movements.

Vessel official number.   A number assigned by the U.S. Coast Guard for domestic vessels (generally, wholly owned by a U.S. citizen). For more information go to http://www.st.nmfs.noaa.gov/st1/CoastGuard/index.html. For international ships, an International Maritime Organization (IMO) number is used (issued by Lloyd's Register – Fairplay, Ltd. on behalf of the IMO at http://www.imonumbers.Lrfairplay.com).

Part II.Transactions for the Month

Part II is used to report a monthly summary of the receipts and disbursements from FCNs by product code.

Use only the product codes listed in Table 2. Product Codes on page 5.

Schedule A. Carrier Receipts From a Facility

Use this schedule to report each receipt of reportable liquid product at a facility. A separate Schedule A must be used for each facility and product code.

Line 1

Enter the product code from Table 2 on page 5. Product code 122 (blending components, other) includes gasoline blendstocks as defined in Regulations section 48.4081-1(c)(3)(i) but not listed in the product code table.

Line 2

Column (a).   Enter the EIN of the company hiring the carrier.

Column (b).   Enter the name of the company hiring the carrier.

Column (c).   Enter the code from Table 1 on page 3.

Column (d).   If the mode code in column (c) is either a barge (B, IB, or EB) or a ship (S, IS, or ES), enter the vessel official number.

Column (e).   Enter the date from the document in column (e) (mmddyyyy).

Column (f).   Enter the identifying number from the document provided by the terminal operator to the carrier that reflects the details of the transaction. This could be a bill of lading, manifest, inspection report, or other shipping document. Both the carrier and terminal operator must report the same document number.

Column (g).   Enter the actual net gallons received from the facility.

Schedule B. Carrier Deliveries to a Facility

Use this schedule to report each delivery of reportable liquid products to an FCN. A separate Schedule B must be used for each FCN and each product code.

Facility Name/Number (FCN).    Enter the facility name and FCN.

Line 1

Enter the product code from Table 2. Product Codes on page 5.

Line 2

Column (a).   Enter the EIN of the company hiring the carrier.

Column (b).   Enter the name of the company hiring the carrier.

Column (c).   Enter the mode code from Table 1. Mode codes on page 3.

Column (d).   If the mode code in column (c) is either a barge (B, IB, or EB) or a ship (S, IS, or ES), enter the vessel official number.

Column (e).   Enter the date from the document in column (f) (mmddyyyy).

Column (f).   Enter the identifying number from the document provided by the carrier to the terminal operator when the product is delivered to the facility that reflects the details of the transaction. This could be the facility receipts document, pipeline ticket number, barge ticket number, inspection report, etc. Both the carrier and terminal operator must report the same document number.

Column (g).   Enter the actual net gallons delivered to the terminal.

  


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