Re: Form 4 wait time
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Proud Noob</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Jackalope33B</div><div class="ubbcode-body">Out of curiosity, has anyone NOT been approved for a NFA item? If so, does the dealer give you back your $$?</div></div>
From what I understand, if you are not approved and will never be approved, you are out the $200 fee. Now, you might not receive approval due to an error in the paperwork, but the BATFE will send the forms back to you so you can correct them, and then you send them back to the BATFE where it will continue it's journey towards approval.
As far as getting your money back on the item, I think it would be up to the dealer. I doubt that most will. I mean, you bought the item, it's yours. They're just holding it for you until the paperwork comes back. If your paperwork comes back unapproved, then I think you would have to sell the item to an individual and have your local dealer transfer it. Again, I think it's all up to the dealer on that one. </div></div>
Not true. You will be issued a refund. They can't take your money and no stamp