Connecticut Diesel Tax to increase 9.1 cents per gallon

Under Connecticut law, the per gallon diesel tax is adjusted up or down effective July 1 of every year, depending on a couple of factors. This year, the rate will increase to 49.2 cents per gallon, up from 40.1 cents per gallon. The state diesel tax rate is comprised of two components. One is a…

Diesel Fuel Pump

Under Connecticut law, the per gallon diesel tax is adjusted up or down effective July 1 of every year, depending on a couple of factors. This year, the rate will increase to 49.2 cents per gallon, up from 40.1 cents per gallon.

The state diesel tax rate is comprised of two components. One is a base rate of 29 cents per gallon. The second component is calculated annually and is based on the average wholesale price per gallon of diesel fuel from the period of April 1 through March 30, and the applicable gross receipts tax rate on petroleum products. The combination of these factors has resulted in the announcement by the Department of Revenue Services (DRS) that the per gallon diesel tax rate will increase by 9.1 cents per gallon, to 49.2 cents per gallon, effective July 1.

A letter from Department of Revenue Services (DRS) Commissioner Boughton announcing the new diesel tax rate can be seen here.

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