Rev. Proc. 62-14

SECTION 1. PURPOSE.

This Revenue Procedure describes the method of reporting, for statistical purposes, stocks of spirits of 190 degrees or more of proof.

SEC. 2. BACKGROUND.

Form 332, Statement by Kinds, Seasons, and Years of Production of Spirits in Bonded Warehouses (Revised April 1962), provides for the reporting of a combined total of cane, grain, and fruit spirits of 190 degrees or more of proof. In order that the tax gallons on hand in each classification of these spirits may be determined, proprietors of distilled spirits plants will furnish a breakdown on Form 332, in accordance with section 3 of this Revenue Procedure.

SEC. 3. REPORTING REQUIREMENTS.

Pending further revision of Form 332, proprietors of distilled spirits plants will enter, on the reverse of that form, information concerning stocks of spirits of 190 degrees or more of proof, produced from grain, cane, or fruit as follows:

                Spirits of 190 degrees or more of proof

SEC. 4. INQUIRIES.

Inquiries concerning this Revenue Procedure should refer to its number and be addressed to the office of the appropriate Assistant Regional Commissioner, Alcohol and Tobacco Tax.