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TTB Reviewing Information Collections on ACE, Tobacco Imports, Drawback

Monday, May 16, 2016
Sandler, Travis & Rosenberg Trade Report

The Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau is accepting comments through July 12 on the following information collections.

- Form F 5120.24, Drawback on Wines Exported: In general, exporters of tax-paid domestic wine may claim drawback of the federal excise tax paid or determined on the exported wine. Exporters use this form to document the wine’s exportation and submit drawback claims. TTB uses the provided information to determine if the exported wine is eligible for drawback and to calculate the amount of drawback due.

- Tobacco Products Importer or Manufacturer – Records of Large Cigars Wholesale Prices: The Internal Revenue Code imposes a federal excise tax on large cigars based on a percentage of the price for which they are sold by the manufacturer or importer. Manufacturers and importers must maintain a list of large cigar sale prices, which provides TTB a means of verifying that the correct amount of tax was determined and ultimately paid.

- Alternate Method – Automated Commercial Environment and Partner Government Agency Message Set for Imports Regulated by TTB: With regard to imports, TTB intends to issue an alternate method to allow importers to submit the TTB PGA message set electronically in lieu of submitting paper documents to U.S. Customs and Border Protection at importation. This information collection covers the data that would be submitted through ACE under that alternate method. Most of the information that the alternate method will require importers to submit through ACE is already required by TTB regulations, but there are some additional requirements; e.g., importers who are required to have a TTB permit number will submit that number when filing in ACE.

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