South Carolina Fuel Sales Taxes 2019 South Carolina: Fuel Excise Taxes

South Carolina:

South Carolina Cigarette and Fuel Excise Taxes

In addition to (or instead of) traditional sales taxes, gasoline and other Fuel products are subject to excise taxes on both the South Carolina and Federal levels. Excise taxes on Fuel are implemented by every state, as are excises on alcohol and motor fuels like gasoline.

South Carolina Gasoline Tax

Excise: $0.16 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.17 / gallon

South Carolina Diesel Tax

Excise: $0.16 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.17 / gallon

South Carolina Gasohol Tax

Excise: $0.16 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.17 / gallon

† Additional Applicable Taxes: Inspection fee and LUST tax


South Carolina Fuel Sales Taxes 2019 Other South Carolina Fuel Excise Tax Rates

The primary excise taxes on fuel in South Carolina are on gasoline, though most states also tax other types of fuel.


South Carolina Aviation Fuel sales tax rate

South Carolina Aviation Fuel Tax

In South Carolina, Aviation Fuel is subject to a state excise tax of $.0025/gallon inspection fee; $.005/gallon environmental impact fee

Point of Taxation: not subject to motor fuel tax


South Carolina Jet Fuel sales tax rate

South Carolina Jet Fuel Tax

In South Carolina, Jet Fuel is subject to a state excise tax of $.0025/gallon inspection fee; $.005/gallon environmental impact fee

Point of Taxation: not subject to motor fuel tax


Payment of South Carolina Fuel Excise Taxes

Payments of fuel excise taxes are made by fuel vendors, not by end consumers, though the taxes will be passed on in the fuel's retail price. Fuel tax as well as motor oil fees are due on the 22nd of each month for the previous month and motor carriers have to report tax the last day of April, July, October and January (Quarterly tax).


Federal Fuel Sales Taxes 2019 Federal Fuel Excise Taxes

The price of all motor fuel sold in South Carolina also includes Federal motor fuel excise taxes, which are collected from the manufacturer by the IRS and are used to support the Federal Highway Administration. Federal excise tax rates on various motor fuel products are as follows:

Gasoline $0.18.4 per gallon
Diesel and Kerosene $0.242 per gallon
Liquefied Petroleum Gas $0.183 per gallon
Liquefied Natural Gas (LNG) $0.243 per gallon
Compressed Natural Gas (CNG) $0.184 per gallon
Components of gasoline price Components of diesel price

Included in the Gasoline, Diesel/Kerosene, and Compressed Natural Gas rates is a 0.1 ยข per gallon charge for the Leaking Underground Storage Tank Trust Fund (LUST).

† These tax rates are based on energy content relative to gasoline.

What percentage of the cost of gas in South Carolina comes from taxes and gas station profit?

The diagram above shows how the prices of an average gallon of gasoline and diesel fuel are broken down among various components, including the cost of the crude oil, refining, distribution / marketing, and taxes. In most areas, state and federal excise taxes amount to about 13% of the cost of a gallon of gas. Gas stations generally only profit a few cents per gallon.




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Source: http://www.salestaxhandbook.com/south-carolina/gasoline-fuel