Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 27 - Alcohol, Tobacco Products and Firearms |
Chapter I - Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury |
SubChapter A - Alcohol |
Part 28 - Exportation of Alcohol |
Subpart D - Bonds and Consents of Surety |
Termination of Bonds |
§ 28.71 - Termination of bonds, Forms 5100.30 and 5110.67.
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§ 28.71 Termination of bonds, Forms 2735 ( 5100.30 ), 2737 (and 5110.67), and 2738 (5110.68).
2735 ((a) General. Continuing bonds, Forms
)5100.30
2737 (and
)5110.67
and Form 2738 (5110.68) covering allowance of claims for drawback on distilled spirits and/or wines removed as authorized in §§ 28.171 and 28.211, covering distilled spirits and/or wines withdrawn from time to time without payment of tax under this part
or claims (a) pursuant, may be terminated as to liability for future withdrawals
,under the following circumstances:
(1) Pursuant to application of surety as provided in § 28.72
b;
(
on2)
,On approval of a superseding bond
cas provided in § 28.67; or
(
on3)
hisOn written notification to the appropriate TTB officer by the principal of
or claims, as the case may be, under the bond.the discontinuance of withdrawals
under the bond (including discontinuance of withdrawals under the bond because the proprietor has become exempt from bond requirements under § 28.51(b)).
2735 ((b) Cancellation. When no further withdrawals are to be made under a bond on Form
)5100.30
2737 (or
), or no further claims for drawback are to be filed under bond Form 2738 (5110.685110.67
shallunder the circumstances specified in paragraph (a), the bond
will be canceled by the appropriate TTB officer in the manner and subject to the conditions provided in § 28.70.
[25 FR 5734, June 23, 1960. Redesignated at 40 FR 16835, Apr. 15, 1975, and amended by T.D. ATF-62TTB–146, 44 82 FR 71722, Dec. 11, 1979; T.D. ATF-198, 50 FR 8559, Mar. 1, 1985; T.D. TTB-8, 69 FR 3832, Jan. 27, 20041136, Jan. 4, 2017]