VA occasional importer fuel bonds.
From $100. Enter your amount.
An occasional importer under the Virginia Fuels Tax Act must file a bond with the DMV under § 58.1-2211. The DMV sets the amount at three times your average expected monthly tax liability — file it on form FT462 — and pricing is 0.75% of the bond amount, $100 minimum.
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Apply to filed in one sitting.
No underwriting queue for the standard fuels tax bond — enter your amount, pay, and file with the DMV. Here is the whole thing:
Apply online
Your business details, the bond amount the DMV set, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information at the standard amount, and pricing is 0.75% of the bond amount, $100 minimum — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with Virginia DMV
Submit the executed bond on form FT462 to satisfy the DMV. Wet-ink originals mailed whenever the Department insists on them.
What it is and who needs it.
What the fuels tax bond actually covers
Virginia administers the Virginia Fuels Tax Act (Code of Virginia Title 58.1, Chapter 22) through the DMV. An occasional importer — who imports motor fuel into Virginia from time to time rather than under a precollection agreement — must file a bond (or certificate of deposit) with the Commissioner as security.
Under § 58.1-2211, the occasional importer's bond is three times the applicant's average expected monthly tax liability, as determined by the Commissioner — no less than $2,000 and no more than $300,000. This is the standard formula; bonded importers, by contrast, face a much higher fixed requirement.
The bonding company files the Fuels Tax Bond (form FT462) with the DMV; only that form is accepted. Pricing is 0.75% of your bond amount, $100 minimum — enter the figure on your notice and your exact price appears at the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the DMV set — the executed bond is generated instantly, ready to file on form FT462.
Start the application →Common questions.
Other Virginia bonds.
Occasional importer bond, issued today.
Pricing from $100. Enter the amount the DMV required and file the same day.