[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR46.10]

[Page 857]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 46--MISCELLANEOUS REGULATIONS RELATING TO TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES--Table of Contents
 
   Subpart A--Application of 26 U.S.C. 6423, as Amended, to Refund or 
    Credit of Tax on Tobacco Products, and Cigarette Papers and Tubes
 
Sec. 46.10  Bond, Form 2490.

    Each claim for a refund or credit of tax on articles which the 
claimant or the owner, as the case may be, has neither sold nor 
contracted to sell at the time of filing of the claim must be 
accompanied by a bond on ATF Form 5620.10. The bond shall be executed by 
the claimant or the owner of the articles, as the case may be, in 
accordance with the provisions of this subpart and the instructions 
printed on the form. Such bond shall be conditioned that there will be 
no relief or shifting of the ultimate burden of the tax to any other 
person. The penal sum shall not be less than the amount of tax claimed 
on all articles which have not been sold or contracted for sale at the 
time of filing of the claim. Bonds required by this subpart shall be 
given with corporate surety or with collateral security. A separate bond 
must be filed for each claim.

[T.D. 6395, 24 FR 599, Jan. 28, 1959. Redesignated at 40 FR 16835, Apr. 
15, 1975, as amended by T.D. ATF-472, 67 FR 8880, Feb. 27, 2002]