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TTB Relaxes COLA Approval Process for Minor Discrepancies
September 24, 2015 |Treasury Dept.

The Alcohol and Tobacco Tax and Trade Bureau on Sept. 22 announced it will begin approving certificate of labeling approval (COLA) applications when there are minor discrepancies between the data collection portion of the COLA form and the label itself, as long as the label is compliant and the incorrect information is an allowable revision (here). The change will help products get to market faster, said TTB.

TTB Amends Regs on Excise Tax Refunds for Imported Wine
September 15, 2015 |Treasury Dept.

The Alcohol and Tobacco Tax and Trade Bureau is amending its regulations to conform to a nearly two-decade old law that allows for refunds of excise tax when tax-paid imported wine is returned to bonded wine premises (here). The agency’s final rule also amends TTB regulations to allow refunds on tax-paid wine returned to bonding that is not unmerchantable. The new regulations take effect Oct. 15.