Rev. Rul. 54-187

Section 185.340 of Regulations 10 provides in part that upon the proper filing of an application by the surety for relief from bond, in the case of bond, Form 1571, `Transportation and Warehousing Bond,' said surety shall be relieved from liability for spirits transferred or consigned to the internal revenue bonded warehouse wholly subsequent to the date named in the notice, but that if a superseding bond has not been filed by the principal prior to the date named in the surety's notice, the surety shall continue to remain liable under the bond for all spirits on hand or in transit to the internal revenue bonded warehouse on said date, until such spirits have been lawfully disposed of or a new bond has been filed by the principal. However, under the circumstances the warehouseman is barred from receiving additional spirits on the warehouse premises until a superseding bond is filed.

The bottling of distilled spirits remaining in an internal revenue bonded warehouse or in transit thereto on the date given in the application for relief from liability on a transportation and warehousing bond (and no superseding bond is filed) would not affect the bond liability on such spirits and therefore may be permitted in accordance with the applicable provisions of Regulations 10.