Internal Revenue Service
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 Rev. Rul. 58-31

1958-1 C.B. 595

Full Text

Rev. Rul. 58-31

Section 182.860(h) of the Industrial Alcohol Regulations provides, in part, that persons authorized to purchase products for resale, such as bay rum, lilac vegetal, hair lotions, skin lotions, perfumes, etc., made with specially denatured alcohol, under conditions prescribed therein, shall keep Record 134, Record of Specially Denatured Alcohol Articles, in the same manner as manufacturers, as provided in section 182.875. Such latter section provides that a true and correct sales record shall be kept on Record 134 of all articles manufactured, or received from others for reprocessing, bottling, repackaging, and/or resale, and of the disposition of all such articles. Held , Record 134 must be kept by all persons required to do so by sections 182.860 and 182.875 of the regulations. The fact that the products may be produced or purchased under one trade name and sold under another does not obviate the necessity of the record keeping. For example, a manufacturer of products made with specially denatured alcohol who makes such products under the name shown on his permit and charges off the articles to the sales department operated under a different name must keep a record of such articles upon the sale thereof by the sales department.