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.