AMENDMENT OF 26 CFR PART 194
Wholesale liquor dealers, importers,
and others concerned:
Purpose. This circular is issued to inform you of the provisions of
Treasury Decision 7014, published in the Federal Register of June 4, 1969,
which amends 26 CFR Part 194, Liquor Dealers. The primary purpose of
the Treasury decision, which will become effective August 1, 1969, is to
simplify recordkeeping requirements.
Explanation of changes.
Records of receipt and disposition. As a means of simplifying record-
keeping requirements, serially numbered invoices which contain all of the
information required by regulations are prescribed as records of receipt
and disposition. You may, however, continue to use your existing records
if you give written notice of such intent to the Assistant Regional Commis-
Case serial numbers. Case serial numbers need not be shown in the
records of receipt and disposition unless the Assistant Regional Commis-
sioner requires, in writing, that case serial numbers be so shown. Where
the recording of case serial numbers is required, they may be shown on
supporting documents attached to the records of receipt and disposition.
Also, any wholesale liquor dealer who is required to file Forms 52A and
52B, and who has been required to record case serial numbers in his
records of receipt and disposition, shall report such serial numbers on
Forms 52A and 52B.
Recording of name of producer or bottler. The requirement that
the record of receipt show the name of the producer or bottler will be
met if a separate list or record is maintained identifying the name of
the producer or bottler with the brand name.
Canceled invoices. As a part of the restriction with regard to
correcting or deleting entries on records of receipt and disposition,
provision is made, in the case of a voided invoice, for either marking
the Government File Copy "Canceled" and destroying the remaining copies
or so marking and filing all copies. If a new invoice is prepared, the
serial number will be noted on all retained copies of the canceled invoice.
Recapitulation record. The basic requirement for preparation of a
recapitulation record daily has been continued; however, the Assistant
Regional Commissioner may authorize a wholesale dealer, upon application,
to prepare such records at less frequent intervals until otherwise noti-
Filing of report Form 338. Provision has been made for the filing
of a summary report on Form 338 every six months instead of every month.
Forms. Form 338, which is obtained through commercial printers, is being
revised to reflect the change in the period covered by the report. Your
existing stocks may be used if the forms are appropriately modified.
This may be accomplished by changing the word "monthly" in the title to
"semiannual", by showing in item 1 the period covered instead of the
month, and by changing the word "month" at lines 1 and 9 in item 4 to
Inquiries. Inquiries regarding this circular should refer to its number
and be addressed to your Assistant Regional Commissioner, Alcohol, Tobacco
Harold A. Serr, Director
Alcohol, Tobacco and Firearms Division