27 C.F.R. § 40.434
Current through September 30, 2024
A closing inventory shall be made by the manufacturer of cigarette papers and tubes when a change in proprietorship occurs, or when the manufacturer changes location of the factory to another region, or concludes business. Where a change in proprietorship occurs, the closing inventory shall be made as of the day preceding the date of the opening inventory of the successor.
Document Retention
27 C.F.R. § 40.434
72 Stat. 1422; 26 U.S.C. 5721