AMI warns about diesel pump labeling - Trade Only Today

AMI warns about diesel pump labeling

Author:
Publish date:

The Association of Marina Industries has issued a warning for marina owners about the proper labeling of diesel fuel pumps.

The AMI says a marina operator who recently had diesel fuel pumps inspected by a local IRS inspector, was fined more than $27,000 for not having the proper labels (decals) posted on their diesel fuel pumps.

The fine was $10 for each gallon of diesel fuel in the storage tank, but they could have been fined $10 for each gallon of diesel fuel sold over the entire period that the pumps were not properly labeled.

That fine could have totaled more than $1 million, the AMI said.

Although the marina had a label on the pump indicating the fuel was dyed and for off-highway use only, which complies with EPA requirements, IRS regulation 48.4082-2 also requires a label that indicates dyed diesel is tax exempt and penalty for taxable use.

Here are examples of what the EPA and IRS labels should state:

ULTRA LOW SULFER NON HIGHWAY DIESEL FUEL
(15 ppm sulfur maximum)

  • Required for use in all model year 2007 and later
  • Non-highway diesel vehicles and engines
  • Recommended for use in all non-highway diesel vehicles and engines
  • Tax exempt. Dyed. For off-road use only. Penalty for taxable use.

LOW SULFUR NON-HIGHWAY DIESEL FUEL
(Not to exceed 500 ppm sulfur)

Warning

  • Federal law prohibits use in model year 2007 and later.
  • Non-highway vehicles and engines
  • Its use may damage these vehicles and engines.
  • Tax exempt. Dyed. For off-road use only. Penalty for taxable use.

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.