Code of Federal Regulations (Last Updated: May 6, 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 17 - Drawback on Taxpaid Distilled Spirits Used in Manufacturing Nonbeverage Products |
Subpart E - Bonds and Consents of Sureties |
§ 17.102 - Amount of bond.
Latest version.
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§ 17.102 Amount of bond.
The bond shall be a continuing one, in an amount sufficient to cover the total drawback to be claimed on spirits used during any quarter. However, the amount of any bond shall not exceed $200,000 nor be less than $1,000.