[Code of Federal Regulations]
[Title 27, Volume 2]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR41.109]

[Page 79-80]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 41_IMPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES--Table 
 
Subpart G_Puerto Rican Tobacco Products and Cigarette Papers and Tubes, 
                     Brought Into the United States
 
Sec.  41.109  Bond required for deferred taxpayment.

    Where a manufacturer of tobacco products in Puerto Rico desires to 
defer payment in Puerto Rico of the internal revenue tax imposed by 26 
U.S.C. 7652(a), on tobacco products of Puerto Rican manufacture coming 
into the United States, he shall file a bond,

[[Page 80]]

Form 2986, with the appropriate TTB officer, in accordance with the 
provisions of this subpart. Such bond shall be conditioned on the 
payment, at the time and in the manner prescribed in this subpart, of 
the full amount of tax computed under the provisions of this subpart 
with respect to tobacco products which are released for shipment to the 
United States on computation of tax. All taxes which are computed under 
the provisions of this subpart shall be chargeable against the bond, 
until such taxes are paid, as provided in Sec.  41.112. The bond shall 
show the location of the factory from which the tobacco products to 
which it relates are to be shipped.

[T.D. 6871, 31 FR 43, Jan. 4, 1966. Redesignated at 40 FR 16835, Apr. 
15, 1975, and amended by T.D. ATF-48, 44 FR 55855, Sept. 28, 1979; T.D. 
ATF-232, 51 FR 28085, Aug. 5, 1986; T.D. ATF-243, 51 FR 43194, Dec. 1, 
1986; T.D. ATF-251, 52 FR 19340, May 22, 1987. Redesignated and amended 
by T.D. TTB-16, 69 FR 52424, 52425, Aug. 26, 2004]