27 C.F.R. § 46.206 Book or record inventory requirements.
Title 27 - Alcohol, Tobacco Products and Firearms
You may use a book or record inventory if you have source records that show: (a) The quantity of receipts and dispositions of all cigarettes. (b) The actual type and quantities of cigarettes on hand as if a physical inventory had taken place the moment the tax increase became effective. Refer to §46.205(a). (c) The name and address of the consignor and consignee. (d) The date of receipt or disposition of the cigarettes. (e) The brand name of each product. (f) If you do not take the inventory as of the close of business on the last respective business days of 1999 and 2001, the records must be reconciled as described in §46.205(e).
Title 27: Alcohol, Tobacco and Firearms
PART 46—MISCELLANEOUS REGULATIONS RELATING TO TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES
Subpart I—Floor Stocks Tax on Cigarettes Held for Sale on January 1, 2000 and on January 1, 2002
Inventories
§ 46.206 Book or record inventory requirements.
