N.Y. Tax Law § 305: Exempt entities

§ 305. Exempt entities.--No corporation or unincorporated business

shall be a petroleum business subject to tax under this article because

it imported or caused motor fuel, diesel motor fuel or residual

petroleum product to be imported into this state or produced, refined,

manufactured or compounded such products in this state where such motor

fuel, diesel motor fuel or residual petroleum product is exclusively for

the use and consumption of such corporation or unincorporated business

and such corporation or incorporated business is an organization

described in subdivision (a) of section eleven hundred sixteen of this

chapter.