The Department of the Treasury is planning to submit information collection requests to the Office of Management and Budget (OMB) for review. This action is part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to send their comments on these requests by February 25, 2021. The requests relate to importers' records and reports, particularly focused on ensuring the correct permits and taxes for importing alcohol and tobacco products, and ensuring compliance with federal regulations.
Simple Explanation
The Treasury Department wants to check how importers keep track of their alcohol and tobacco products to make sure everything is legal and taxes are paid. They are asking people to share their thoughts on this by the end of February.