What is taxable for producers of coal?
If you are a producer or manufacturer of fuel in British Columbia, such as a business in the coal industry, and you use your own fuel or import coal or other fuels for use in the course of your operations, you are required to self–assess and pay carbon tax on that fuel. Examples of taxable uses of fuel by the coal industry include: • fuel used to dry coal, • fuel used for the operation of equipment or machinery used to create coke, and • fuel used for the operation of equipment or machinery for the extraction, processing, production or transportation of coal. Examples of non taxable uses of fuel by the coal industry include: • fuel used as a reagent to separate out coal or ores of metal in an industrial floatation process. The self-assessed tax is payable on the 28th day of the month following the reporting period in which you use the fuel in the province. Reporting periods are monthly, quarterly or annually, and are established by the ministry after you have filed your first tax retur
