Code of Federal Regulations (alpha)

CFR /  Title 27  /  Part 46  /  Sec. 46.202 Physical inventory requirements.

The dealer's physical inventory must result in a written record of:

(a) The quantity and type of each article subject to floor stocks tax recorded in sufficient detail to determine the tax rate as stated in Sec. 46.222. See the table in Sec. 46.201(c) for the information required for each type of article;

(b) The date and time the inventory was taken;

(c) The name of the individual(s) conducting the inventory and the name of the dealer for whom the inventory was taken; and

(d) The location where the inventory was taken (street address, city and State). (Approved by the Office of Management and Budget under control number 1513-0129)