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 B - Tobacco |
Part 46 - Miscellaneous Regulations Relating to Tobacco Products and Cigarette Papers and Tubes |
Subpart I - Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette Tubes Held for Sale on April 1, 2009 |
Alternate Methods or Procedures |
§ 46.263 - Conditions for approval.
Latest version.
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§ 46.263 Conditions for approval.
The alternate method or procedure may be approved if it meets all of the following conditions:
(a) There is good cause for its use;
(b) It is consistent with the purpose and effect intended by the prescribed method or procedure;
(c) It affords equivalent security to the revenue;
(d) It is not contrary to any provision of law;
(e) It will not result in an increase in cost to the Government;
(f) It will not hinder the effective administration of this subpart such as delaying timely payment of taxes; and
(g) It is not a method or procedure that relates to the payment or collection of tax.