Internal Revenue Service
Revenue Ruling

TaxLinks.com   sm

 Rev. Rul. 56-79

1956-1 C.B. 713

Full Text

Rev. Rul. 56-79

Wholesale liquor dealers who elect to use a modified Form 52-B, Wholesale Liquor Dealer's Monthly Report, as a record of disposition required to be maintained under section 194.217 of the Regulations relating to Liquor Dealers, may be authorized to show the serial numbers of cases of distilled spirits disposed of on the sale invoice, or other commercial record, kept in a separate file, provided proper reference is made in the modified record of disposition, Form 52-B, to such separate sales invoice file or other commercial record. The records must be maintained in such form and condition as to readily reflect the required data with respect to the physical disposition of each individual lot of distilled spirits for inspection purposes, pursuant to the applicable provisions of section 194.217 of the regulations. Authority to keep such separate records of serial numbers of cases must be secured from the appropriate Assistant Regional Commissioner, Alcohol and Tobacco Tax. In those cases where a wholesale liquor dealer has already been authorized to show serial numbers on commercial records, no new authorization is necessary, but the records must be similarly identified and the data must be readily available for inspection by internal revenue officers.