Extension without change of a currently approved collection
No
Regular
Approved without change
07/13/2007
05/10/2007
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
07/31/2010
36 Months From Approved
07/31/2007
504,000
0
504,000
2,347,020
0
2,347,020
0
0
0
Representatives of the motor fuel industry, state governments, and the Federal government are working to ensure compliance with excise taxes on motor fuels. This joint effort has resulted in a system to track the movement of all products to and from terminals. Form 720-TO is an information return that will be used by terminal operators to report their monthly receipts and disbursements of products.
US Code:
26 USC 4101
Name of Law: Miscellaneous Excise Taxes
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.