Quoted:
Hi any help is appreciated ,
I am applying for a HB 01 dealer / 07 manufacturer , however I see this referred to as a 02/07 SOT ffl can anyone please describe what the 02 refers to and how to apply what I need (other than the atf form 7) forms.
Thanks
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I presume "HB" means home based? If so it is immaterial to what type FFL you apply for.
An 01FFL is a dealer
An 07FFL is a manufacturer
Pick one.
After you receive your FFL,
If you desire to deal or manufacture NFA firearms you pay SOT or Special Occupational Tax each year.
If a dealer you would pay for Class 3 SOT, if a manufacturer you would pay Class 2 SOT.
Ex: A dealer in Title I firearms only is an 01FFL, if he pays SOT it is often represented as 01/03.....meaning he has paid his SOT that year.