[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR31]

[Page 898-899]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 31_ALCOHOL BEVERAGE DEALERS--Table of Contents
 
     Subpart O_Prescribed Records and Reports, and Posting of Signs
 
Sec.  31.230  Monthly summary report.

    (a) Requirement. Every wholesale dealer in liquors shall, when 
required, submit to the appropriate TTB officer, a monthly summary 
report of the total quantities of all distilled spirits received and 
disposed of daily during the month (including the date of discovery for 
theft, casualty and inventory losses and inventory gains). This report 
will be posted by the wholesaler on a daily basis. If there were no 
receipts or disposals of distilled spirits during the month, the report 
will be marked ``No Transactions During Month.'' This report will be 
filed not later than the 15th day of the month following the report 
period, and a copy retained by the dealer. Upon receipt of an 
application

[[Page 899]]

the appropriate TTB officer may authorize a dealer to post the report 
less frequently until otherwise notified. The appropriate TTB officer's 
authorization will specify the intervals at which the posting will be 
accomplished, but not less frequently than monthly.
    (b) Form of report. When required, the monthly summary report may be 
prepared in a format which most conveniently adapts itself to the 
dealer's accounting and recordkeeping systems. In addition to any other 
information shown therein, the report will include the daily totals of 
all distilled spirits received and disposed of, including dispositions 
caused by inventory, casualty or theft losses and receipts caused by 
recorded gains in inventory; and
    (1) Daily totals of all bottled spirits received and disposed of, 
recorded separately by wine gallons, or liters,
    (2) Daily totals of all bulk spirits in packages received and 
disposed of, recorded separately by proof gallons.
    (c) Declaration. When required to be filed, the monthly summary 
report will bear the following declaration signed by the dealer or an 
authorized agent:

    I declare under the penalties of perjury that I have examined this 
report and to the best of my knowledge and belief, it is true, correct, 
and complete, and is supported by true, correct, and complete records 
which are available for inspection.

    (d) When the monthly summary report is not required by the 
appropriate TTB officer to be filed, every wholesale dealer in distilled 
spirits is still required to maintain and make available for review by 
appropriate TTB officers:
    (1) Records of receipt, required by Sec.  31.225;
    (2) Records of disposition, required by Sec.  31.226; and
    (3) Any other supporting information or documents regarding the 
receipt and disposition of distilled spirits which have a direct bearing 
in determining the completeness and accuracy of the accounting and 
recordkeeping systems.

(Approved by the Office of Management and Budget under control number 
1512-0353)

(Act of August 16, 1954, 68A Stat. 749 (26 U.S.C. 6065); sec. 201, Pub. 
L. 85-859, 72 Stat. 1342, as amended, 1348, as amended, 1395, as amended 
(26 U.S.C. 5114, 5146, 5555))

[T.D. ATF-116, 47 FR 51572, Nov. 16, 1982, and amended by T.D. ATF-172, 
49 FR 14942, Apr. 16, 1984. Redesignated and amended by T.D. TTB-25, 70 
FR 19884, 19887, Apr. 15, 2005; T.D. TTB-44, 71 FR 16948, Apr. 4, 2006]