SOT Question

[bbcode3]

I just received my FFL and got the paperwork for the SOT. I plan on being a C2/SOT and ATF says the $500 is pro-rated, but I have heard otherwise from other individuals. Anyone out there know for sure???

 

[shaggy]

I never had an SOT, but I don't believe the SOT is pro-rated. No matter when in the year you pay it, its $500 and only good until the renewal date (which is in June IIRC). Don't forget the mandatory State Dept fee has been increased for 07/SOTs and is now something around $1750/year. I don't think that fee is prorated either, but as far as I'm aware the renewal date for that is a year from when you pay it (unlike the SOT which has a fixed renewal date).

 

[CQBArms]

The SOT is NOT pro rated.

You pay $1000 per year for any portion of a year you sign up.

July 1 to June 30 is the year, NOT the calendar year.

SO by signing up now you would spend $1000 to cover March, April, May, June.

I would suggest that unless you have orders that REALLY need to be filled, you submit in June for Fiscal 2006.

NOTE: I say $1000 because that's our payment, you may be "reduced" and only pay $500.

 

[bbcode3]

Great, thank you for the info.....