Explosives Industry News
 

ATF Ruling 2023-2

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The ATF has just announced a change that may impact you.

ATF Ruling 2023-2 authorizes licensed explosives importers, manufacturers, and dealers to maintain commercial records instead of a separate record as a permanent record of acquisitions, distributions/dispositions, and use of explosive materials.  The commercial records must contain all of the information required to be recorded in the licensee's records under sections 555.122 - 555.124.  Section 555.125(b)(5) specifically provides that permittees may keep qualifying commercial records as a permanent record instead of maintaining a separate record book.  While ATF has historically allowed this practice, the regulatory language led to numerous inquiries over the years.

For ATF Ruling 2023-2, click here.