North Carolina Biodiesel Notice

Oct 10, 2014


North Carolina has issued guidance with respect to a change in the point of taxation that took effect on October 1, 2014. North Carolina will now treat biodiesel as a taxable fuel irrespective of whether or not it has been blended with diesel (or another petroleum-based fuel). Consequently, biodiesel will be taxable when either (a) it is produced in North Carolina and removed from the storage facility at the production location, or (b) is imported into North Carolina outside the bulk terminal system (via railcar or truck). The Notice issued by the Department of Revenue can be found here.