ATF Requests Comments on Info Collections on Tobacco Drawback and Bonds

January 19, 2012 by Cindy Arevalo|Other U.S.

The Alcohol and Tobacco Tax and Trade Bureau is requesting comments by February 27, 2012 on revisions to information collections on drawback of taxes on certain tobacco products and bond changes. TTB is proposing to revise its tobacco drawback information collection to consolidate it with a tobacco bond information collection. TTB is also proposing to revise its bond information collection to reflect revised regulatory section numbers.

Drawback of Tax on Tobacco Products, Cigarette Papers & Cigarette Tubes

TTB Form 5620.7 documents that cigars, cigarettes, and cigarette papers and tubes were shipped to a foreign country, Puerto Rico, the Virgin Islands, or a possession of the U.S. and that the tax has been paid on these tobacco articles. TTB Form 5620.7 is the claim form that a person who paid the tax on the articles uses to file for a drawback or refund for the tax that was paid.

Consolidation of two collections. ATF is submitting this information collection as a revision in order to consolidate another information collection (Tobacco Bond -- Collateral and Tobacco -- Surety) into this one. Both collections contain some of the same regulatory sections. In addition to the duplicate sections, ATF is adding some additional sections to this information collection to ensure that all related 27 CFR regulatory sections are covered. Afterwards, the Tobacco Bond information collection will be discontinued.

Change of Bond (Consent of Surety)

A Change of Bond (Consent of Surety, TTB Form Number 5000.18) is executed by both the bonding company and a proprietor and acts as a binding legal agreement between the two parties to extend the terms of a bond. A bond is necessary to cover specific liabilities on the revenue produced from untaxpaid commodities. The Change of Bond (Consent of Surety) is filed with TTB and a copy is retained by TTB as long as it remains current and in force.

Change in regulatory section number. ATF is submitting this information collection as a revision to change the supporting statement to reflect a change to a regulatory section number contained in the final rule that revised 27 CFR Part 19, Distilled Spirits Plants. The information collection, estimated number of respondents, and estimated total annual burden hours remain unchanged.

TTB contact -- Mary Wood (202) 453-1039, ext. 165

(FR Pub 12/27/11)