Usual and Customary Business Records Relating to Denatured Spirits (TTB REC 5150/1)

ICR 202008-1513-003

OMB: 1513-0062

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2020-08-18
ICR Details
1513-0062 202008-1513-003
Active 201708-1513-013
TREAS/TTB ICN 78 - 5/5
Usual and Customary Business Records Relating to Denatured Spirits (TTB REC 5150/1)
Extension without change of a currently approved collection   No
Regular
Approved without change 10/01/2020
Retrieve Notice of Action (NOA) 08/24/2020
  Inventory as of this Action Requested Previously Approved
10/31/2023 36 Months From Approved 09/30/2020
3,100 0 3,430
0 0 1
0 0 0

Denatured distilled spirits may be used for industrial purposes in the manufacture of nonbeverage products. To prevent diversion of denatured spirits to taxable beverage use, the Internal Revenue Code (IRC) at 26 U.S.C. 5271–5275 imposes a system of permits, bonds, recordkeeping, and reporting requirements on persons that procure or use such alcohol. Those IRC sections also authorize the Secretary of the Treasury to issue regulations regarding those matters. Under those IRC authorities, the TTB regulations in 27 CFR part 20 require industrial alcohol users to keep certain usual and customary business records regarding the distribution, procurement, and use of denatured spirits. TTB uses the required records to account for denatured spirits and ensure compliance with statutory and regulatory requirements.

US Code: 26 USC 5271 - 5275 Name of Law: Internal Revenue Code
  
None

Not associated with rulemaking

  85 FR 27272 05/07/2020
85 FR 52192 08/24/2020
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3,100 3,430 0 0 -330 0
Annual Time Burden (Hours) 0 1 0 0 -1 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There are no program changes associated with this information collection. As for adjustments, due to changes in agency estimates, TTB is decreasing the estimated total number of annual respondents from 3,430 to 3,100, evenly divided between private sector respondents (1,550) and State, local, and tribal government respondents (1,550). In turn, this decreases the total number of annual responses to 3,100, also evenly divided between the two types of respondents. TTB also is removing the one hour of annual burden previously reported as a placeholder for this usual and customary business record collection because, under the OMB regulations at 5 CFR 1320.3(b)(2), there is no burden associated with such collections.

$0
No
    No
    No
No
No
No
No
Christopher Forster-Smith 202 453-1039 ext. 150 christopher.forster-smith@ttb.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/24/2020


© 2024 OMB.report | Privacy Policy