Rev. Rul. 65-318

Under 26 CFR 194.226, the Assistant Regional Commissioner, Alcohol and Tobacco Tax, may relieve a wholesale dealer from the requirement for recording on records of disposition serial numbers of cases of distilled spirits disposed of to retail dealers. Held , the phrase `cases of distilled spirits disposed of to retail dealers' is construed to cover returned goods; therefore, wholesalers who have been relieved from recording serial numbers on records of disposition need not record on credit memorandums serial numbers of cases of distilled spirits returned from retailers.