Finance & markets · 28/06/1995

ATF Issues Temporary Rule Implementing Public Law 103-465, Section 712, for Certain Excise Taxes

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has issued a temporary rule implementing Public Law 103-465, Section 712, which changes payment and deposit requirements for certain excise taxes, including those on distilled spirits, wine, beer, tobacco products, and firearms and ammunition. The new rule simplifies deposit rules and adds provisions for records and variances, effective September 16-September 26, with payment due on September 29.