Page:United States Statutes at Large Volume 42 Part 1.djvu/321

 SIXTY—SEVENTH oonennss. sms. 1. ou. 136. 1921. 293 Sec. 903. That every person liable for any tax imposed b section ‘·’m” TAKES- 900, 902, or 904, shall make monthly returns under oath in dh licate p£3·[§§`.§llKr°tm°s°°° and pay_ the taxes imposed by such sections to the collector for the district in which is located the principal lace of business. Such returns shall contain such information and) be made at such times and in such manner as the Commissioner, with the approval of the Secretary, may by regulations prescribe. The tax shall, without assessment by the Commissioner or notice '*"m° °‘P°*““°¤*· from the collector, be due and payable to the collector at the time so _ fixed for filing the return. If the tax is not paid when due, there P°°°uy‘°r °""”°‘ shall be adde as art of the tax a penalty of 5 per centum, together with interest at the rate of 1 per centum for each full month, from the time when the tax became due. Am I Som b Sec. 904. That from and after January 1 1922, there shall be mumixuaas, etcz levied, assessed, collected, and paid, in lieu of, the taxes imposed by “’°°‘Y° *p°°‘“°° *""°°· section 904 of the Revenue Act of 1918, u on the following articles sold or leased by the manufacturer, prodlficer, or importer, a tax equivalent to 5 per centum of so much of the price for which so sold or leased as is in excess of the price hereinafter specified as to each such article- C t d (1) Carpets and rulgs, including fiber, on the amount in excess of mw sm ms' $4.50 per square yar in the case of carpets and $6 per square yard m the case of rugs; (2) ’1‘runks, on the amount in excess of $35 each; T"”‘“· (3) Valises, traveling b, suit cases, hat boxes used by travelers, V“““°°·°*°· and fitted toilet cases, onaiie amount in excess of $25 each; (4) Purses, pocketbooks, shopping and hand bags, on the amount P“”°$·°‘°· in excess of $5 each; PMN (5) Portable  fixtures, including lamps of all kinds and nxtures, ° mum lamp shades, on e amount in excess of $10 each; F (6) Fans, on the amount in excess of $1 each. S°:’S° Sec. 905. (a) That on and after January 1, 1922, there shall be ;§.,°§1l’,?;d°°}§,",;’,;,,,.,S levied, assessed, collected, and paid (in lieu of the tax imposed by g;gc°:‘{"g;°,;’”°i°¤* “’°° section 905 of the Revenue Act of 1918) upon all articles commonly ’ ` or commercially known as jewelry, whether real or imitation; pearls, precious and semiprecious stones, and imitations thereof; art1cles made of, or omamented, mounted or fitted with, precious metals or imitations thereof or ivory (not including surgical instruments, eyc- m§,‘{{S**;‘§°g§.';_;,s‘{,$ glasses, and spectacles); watches; clocks; opera glasses; lorgnettes; sp¤¤¤>i¤1¤¤·¤¤•x>¢€d. marine glasses; field glasses; and binoculars; upon any of the above when so d by or for a dealer or his estate for consumption or use, a tax equivalent to 5 per centum of the price for which so sold. _ mmm t (b) Every erson selling any of the articles enumerated in this sec- ac, ’ "mm ’ tion shall malie returns under oath in du licate (monthly or quarterly as the Commissioner, with the approval) of the Secretary, may prescribe) and pay the taxes imposed in respect to such articles by section to the collector for the district in which is located the principal place of business. Such returns shall contain such information and dc made at Bslucih glimes and in such niannegtials the Comm1s%oner, with e a rov o the Secret ma. y re ations prescribe._ (c)p'l)`he tax shall, withadiblt assbessment by the Commissioner or “‘“°°‘P°“““"‘· notice from the collector, be due and payable to the collector at the Pemtymmlm time so fixed for filing the return. If the tax is not fpaid when due, ’ there shall be added as part of the tax a penalty o 5 per centum, together with interest at the rate of 1 per centum or each full month, from the time when the tax became due. _ _ Om _ Sec. 906. (a) That if (1) any person has, prior to August 15, 1921, Anmmq? ygqf gg made a. bona fide contract with a dealer for the sale or lease, after glxsgactgéhqlowdwnw the tax takes effect, of an article in respect to which a tax is imposed vena ri, py, u by section 900 or 904, or by this subdivision, and in respect to which ;§‘§“‘°“ {'{“§'{,‘;'m°,§; no corresponding tax was imposed by section 900 of the Revenue indium