Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 27 - Alcohol, Tobacco Products and Firearms |
Chapter I - Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury |
SubChapter M - Alcohol, Tobacco and Other Excise Taxes |
Part 296 - MISCELLANEOUS REGULATIONS RELATING TO TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES |
Subpart I - Floor Stocks Tax on Cigarettes Held for Sale on January 1, 2000 and on January 1, 2002 |
Inventories |
§ 296.212 - Cigarettes in vending machines.
Latest version.
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You do not have to inventory cigarettes held in a vending machine for retail sale, provided:
(a) The vending machine holding the cigarettes is placed at a location where retail sales occur, and
(b) The cigarettes are ready to be dispensed by a consumer.