CBMA/Reduced Tax Credit

[TTBCOMPLIANCE]

Has anyone gotten a chance to digest the report (link attached) from congress as yet and care to share their thoughts ? Since my company primarily does import of  bulk and bottled spirits I have a few concerns around the administration of the claim/refund process that will be managed by the TTB with the new online portal, and the backlog with refunds that may cause in 2023. Also the impact to  our customs bond and liquidation process on import shipments, their take on how the interest will be paid out, etc. Additionally has anyone been able to get clarification from the TTB as to what processes are considered "other than bottling" ?

 

https://www.ttb.gov/images/pdfs/treasury-cbma-import-claims-report-june-2021.pdf