Rev. Proc. 56-21

SECTION 1. PURPOSE.

The purpose of this Revenue Procedure is to furnish instructions concerning the proposed issuance of Class A, denomination 20, cigarette tax stamps of a reduced size.

SEC. 2. BACKGROUND.

.01 A survey was recently completed to determine whether it would be feasible to reduce such Class A cigarette tax stamps 3/16 of an inch in width, thus permitting a substantial savings to the Government in paper and printing costs in connection with such stamps. The length of the stamps would not be changed.

.02 The survey disclosed not only that the change to a smaller size cigarette tax stamp would be feasible, but that the change-over to such stamp could be accomplished by the industry without difficulty or undue hardship.

SEC. 3. AUTHORIZATION AND AVAILABILITY OF THE NEW SIZE STAMP.

The new ` 3/4 inch' Class A, denomination 20, cigarette tax stamp has been authorized and made available for sale by District Directors of Internal Revenue to manufacturers and importers of cigarettes on and after June 1, 1956. The new stamps will be identical in every respect to the stamps now in use except as to the difference in width.

SEC. 4. INSTRUCTIONS FOR ORDERING THE NEW STAMPS.

In preparing Form 485, Order for Stamps, Cigarette and Small Cigar, or Form 923, Order for Stamps, Imported Manufactures, as the case may be, when a manufacturer or importer converts to this new cigarette tax stamp, he should place on the form the notation `New 3/4 inch stamps.' The present size will be available until the cigarette industry converts to the new size stamp.

SEC. 5. INQUIRIES.

Inquiries with regard to this Revenue Procedure should refer to the number thereof and should be directed to the appropriate Assistant Regional Commissioner, Alcohol and Tobacco Tax.