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Posted: 7/25/2013 9:37:02 AM EST
Is there a level/type of FFL needed to manufacture and sell lowers?
Link Posted: 7/25/2013 9:40:45 AM EST
I believe it's a Type 07 manufacturers license.
Link Posted: 7/25/2013 9:52:27 AM EST
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Originally Posted By ziarifleman:
I believe it's a Type 07 manufacturers license.
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This is correct
Link Posted: 7/25/2013 10:44:10 AM EST
Yes 07. Then you get to pay the BATFE FET every year on each one you make!! File in April.
Link Posted: 7/25/2013 12:20:06 PM EST
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Originally Posted By supermo:
Yes 07. Then you get to pay the BATFE FET every year on each one you make!! File in April.
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http://www.ttb.gov/firearms/faet-faqs.shtml


A. As of October 1, 2005, any pistol, revolver, or firearm that was manufactured, produced or imported by a person who manufactures, produces or imports less than an aggregate of 50 such articles during the calendar year is now exempt from the tax.
Link Posted: 7/25/2013 4:01:56 PM EST
So if a Type 07 is needed to assemble an AR to sale using a Spikes Tactical stripped lower to sale, is a 07 limited to 50 to be exempt?

Sorry all this is confusing, which is probably normal when dealing with government regs.

Link Posted: 7/25/2013 4:44:51 PM EST
There is no FAET on lowers - only on complete rifles, shotguns and handguns. Once you go over the 50 firearms for a calendar year, you owe FAET on all firearms produced that year, not just every one after the 50th.

Make 50 rifles? No FAET due. Make 51? FAET due on all 51.
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