APPROVED. THE
EXPIRATION DATE OF JUNE 1984 NEED NOT BE PRINTED ON THE FORM. NEW
QUARTERLY FORMS MAY BE PRINTED UNTIL JUNE 1984 WITHOUT OMB APPROVAL
PROVIDED THAT ONLY THE QUARTER AND TAX YEAR CHANGE.ANY OTHER
CHANGES REQUIRE RESUBMISSION.
Inventory as of this Action
Requested
Previously Approved
06/30/1984
06/30/1984
06/30/1984
381,200
0
381,200
689,858
0
724,547
0
0
0
FORM 720 IS USED TO REPORT EXCISE
TAXES DUE FROM RETAILERS AND MANUFACTURERS ON THE SALE OR
MANUFACTURE OF VARIOUS ARTICLES, TO REPORT TAXES ON FACILITIES AND
SERVICES, AND TAXES ON CERTAIN PRODUCTS AND COMMODITIES (GASOLINE,
LUBRICATING OIL, ETC.). IT ENABLES IRS TO MONITOR EXCISE TAX
LIABILITY FOR VARIOUS CATEGORIES ON A SINGLE FORM, AND TO COLLECT
THE TAX QUARTERLY IN COMPLIANCE WITH THE LAW AND REGULATIONS (IRC
SECTION 6011).
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.