In St108E Details

Are you familiar with the St 108E State Form? If not, you should be! This form is a vital part of your business operations and can help to ensure that your company remains in compliance with state laws and regulations. In this blog post, we'll provide an overview of the St 108E State Form and explain why it's so important for your business.

In the table, there's some good information regarding the st 108e state form. You'll have the approximate time it could take you to complete the form and some further details.

QuestionAnswer
Form NameSt 108E State Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesstate form 48841, indiana st 108e form, st108e indiana form, st 108e

Form Preview Example

 

Form

 

Indiana Department of Revenue

 

 

 

 

 

 

ST-108E

 

 

 

 

 

 

 

Certificate of Gross Retail or Use Tax

 

 

 

 

 

 

State Form 48841

 

 

 

 

 

 

(R5 / 9-20)

 

EXEMPTION for the Purchase of a

 

 

 

 

 

 

 

 

Motor Vehicle or Watercraft

 

 

 

 

 

NAME OF DEALER

 

 

 

 

 

Dealer’s RRMC # (Registered Retail Merchant Certificate Number)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TID# (10 digits)

 

 

LOC# ( 3 digits)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dealer’s FID # (Federal Identification Number, 9 digits)

 

 

 

Dealer’s License Number(seven digits)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Address of Dealer

 

 

City

 

 

 

 

 

 

 

State

 

 

ZIP Code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NAME OF PURCHASER(S) (PRINT OR TYPE)

 

 

 

 

 

 

 

 

 

 

SSN, TID, OR FID # (Mandatory)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Address of Purchaser

 

 

City

 

 

 

 

 

 

 

State

 

 

ZIP Code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vehicles Identification Information of Purchase

 

 

 

 

 

VIN # (Vehicle Identification Number) or HIN # (Hull Identification Number)

 

 

Year

 

 

 

 

Make

Model/Length

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculation Of Purchase Price

 

 

 

 

 

 

 

 

Trade in Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Total Purchase Price

 

 

 

 

VIN # (Vehicle Identification Number) or HIN # (Hull Identification Number)

1.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

Trade-Allowance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

................(Like-kind exchanges only)

2.

 

 

 

Year

 

 

 

 

Make

Model/Length

3.

Net Purchase Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Line 1 minus Line 2)

3.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CALCULATION OF PURCHASE PRICE LINES 1, 2 & 3 MUST BE COMPLETED FOR ALL EXEMPTED PURCHASES

NEW RESIDENT STATEMENT Must Be Completed if Exemption # 8 is claimed, see reverse side.

I certify that I became a resident of INDIANA on (month & year) __________________________________.

My previous State of Residence was ___________________________. I hereby certify that the above statement is true and correct.

Date ______________ Signature of Owner __________________________________________________________________________________

SALES/USE TAX WORKSHEET To be completed if Sales and/or Use Tax was paid to a state other than Indiana, Exemption # 15. See reverse side. Date of Purchase

1.

Purchase price of property subject to sales/use tax

1.

$

 

 

2.

Indiana sales/use tax due: Multiply Line 1 by sales/use tax percentage (7%)

2.

___________________________________

 

3.

Credit for sales tax previously paid to another state

3.

___________________________________

 

 

(Do not include flat fees, local, and/or excise taxes.) In what state was the tax paid? __________

 

 

 

4. Total amount due: Subtract Line 3 from Line 2.________________________________________ 4.

$

 

 

 

(Line # 3 can not exceed Line # 2)

 

 

 

 

DIRECT RELATIVE IDENTIFICATION EXEMPTION (Must Be Completed if Exemption # 11 is claimed, see reverse side).

Name(s) on original title _________________________________________

Relationship of above parties ____________________________

Name(s) being added/deleted ____________________________________________________________________________________________

PUBLIC TRANSPORTATION EXEMPTION (Must be completed if exemption # 6 is claimed and you are not a school bus operator.)

USDOT # (U.S. Department of Transportation Number) ________________________________________________________________________

I certify that the above vehicle or watercraft is exempt from sales/use tax under exemption # _______________ (see reverse side). I also certify

that any sales tax credit shown as paid to an out of state dealer using exemption #15 was actually collected by the dealer and the dealer has not provided the buyer with a check to be paid to the BMV. I understand that making a false statement on this form may constitute the crime of perjury.

Date ___________________________

Signature of Purchaser ____________________________________________________________

GENERAL INFORMATION

INDIANA CODE 6-2.5-9-6 requires that a person titling a vehicle or watercraft present certification indicating the state gross sales and use tax has been paid; otherwise, the payment of the tax must be made directly to a Bureau of Motor Vehicles license branch.

If NONE of the exemptions apply to the purchase, Form ST-108 must be completed by the dealer and the purchaser to indicate that the sales/use tax was collected by the dealer. The dealer is then required to submit the sales/use tax to the Department of Revenue.

A purchaser’s ID# (SSN-Social Security #, TID - Indiana Taxpayer Identification #, FID - Federal Identification #) is mandatory to claim an exemption. Calculation of Purchase Price lines #1, #2 and #3 must be completed for all exempted purchases. The exemption claim is not valid without providing a required ID# and Purchase Price information. Exemptions available are:

1.Vehicles or watercraft purchased by Indiana or Federal governmental units or their instrumentalities.

2.Vehicles or watercraft purchased by nonprofit organizations operated exclusively for religious, charitable, or educational pur-

poses and using the vehicle for the purpose for which such organization is exempt. The applicant MUST indicate its 13 digit

Indiana TID and LOC number on the front of the form. The nonprofit name must be on the title to claim this exemption.

3.Issue title for the sole purpose of adding lien holder information. This exemption is not available to add, delete, or change the name on a title.

4.Trucks, not to be licensed for highway use, and to be directly used in direct production of manufacturing, mining, refining or harvesting of agricultural commodities. Ready-mix concrete trucks are exempt under this paragraph even though they are to be licensed for highway use. Vehicles registered with farm plates are not exempt.

5.Sales of motor vehicles or watercraft to Registered Retail Merchants acquiring the vehicles or watercraft to rent, or lease to others and whose ordinary course of business is to rent or lease vehicles or watercraft to others.

6.Vehicles or watercraft to be predominately used for hire in public transportation. (Hauling for hire.) Your USDOT number must be shown on the reverse side of this form. Predominate use is greater than 50%.

7.Vehicles or watercraft transferred from one individual to another with no consideration involved or received as outright gift or inheritance. Assumption of loan payments by the purchaser constitutes consideration and is therefore NOT exempt unless the transferred party was listed on the original security agreement. A copy of the original security agreement must be submitted with the title paperwork.

8.Vehicles previously purchased, titled and licensed in another State or Country by a bona fide resident of that State or Country, who subsequently has become an Indiana resident, are exempt from Indiana sales/use tax upon titling and registration of the vehicle in Indiana. Watercraft previously purchased, titled, or licensed in another state, by a bona fide resident of that state, who subsequently has become an Indiana resident, are exempt from sales/use tax upon titling or registration of the watercraft in Indiana. The New Resident Statement on the front of the form MUST be completed.

9.Vehicles or watercraft purchased to be immediately placed into inventory for resale. NonIndiana dealers must enter both their FID number and their state’s Dealer License Number on this form in lieu of the Indiana TID number if they are not registered with the Indiana Department of Revenue. Note: Motor vehicle dealers are only exempt from sales tax on new motor vehicles purchased for which they possess a manufacturer’s franchise to sell that particular vehicle. If a dealer does not possess a manufacturer’s franchise to sell the new vehicle purchased the dealer must pay sales tax and the resale exemption is invalid.

(I.C. 6-2.5-5-8)

10.Vehicles or watercraft, not to be licensed for use, which are eligible for a repossession title issued by the State of Indiana as a result of a bona fide credit transaction or salvage title resulting from an insurance settlement.

11.Transactions consisting of adding or deleting a spouse, child, grandparent, parent, or sibling of the owner of a motor vehicle only per 6-2.5-5-15.5. The Direct Relative Identification Statement on the front of the form MUST be completed.

12.Vehicles or watercraft won as a prize in a raffle or drawing which were previously titled by a qualified nonprofit organization. A valid Federal Miscellaneous Income Statement, Form 1099-MISC or an affidavit completed by the nonprofit organization must be submitted with the title paperwork in order for this exemption to be claimed. The affidavits must state the nonprofit organi- zation name and exemption number, the winner’s name, address and social security number and the fair market value of the vehicle awarded as the prize.

13.Redemption of repossessed vehicles or watercraft by the original owner.

14.Indiana Department of Revenue use only. This exemption may not be used unless authorized by the Department by calling (317) 232-3425, and selecting option 5 for Business Tax Compliance. A complete copy of each transaction claiming this exemption must be sent to DOR, Audit & Compliance Support.

15.Sales tax paid to a non-BMV licensed dealer. The seller may be either an Indiana seller or an out of state seller. This amount will be used as a nonrefundable credit against the amount of Indiana sales tax due.

This agency is requesting the disclosure of your Social Security number in accordance with IC 4-1-8-1.

Disclosure is mandatory; this record cannot be processed without it.