Page:United States Statutes at Large Volume 53 Part 1.djvu/275

 COCONUT AND OTHER VEGETABLE OILS first domestic processing or upon which an import tax has been paid under chapter 22. (c) IMPORTATIONS PRIOR TO AUGUST 21, 1936. - Notwithstanding the provisions of subsections (a) and (b) of this section, the first do- mestic processing of sunflower oil or sesame oil (or any combination or mixture containing a substantial quantity of sunflower oil or sesame oil), if such oil or such combination or mixture or such oil contained therein was imported prior to August 21, 1936, shall be taxed in accordance with the provisions of section 6021/2 of the Revenue Act of 1934, 48 Stat. 763, in force on June 22, 1936. SEC. 2471. RETURNS. Each processor required to pay the tax imposed by section 2470 shall make monthly returns under oath in duplicate and pay the tax to the collector for the district in which is located his principal place of business, or if he has no principal place of business in the United States, then to the collector at Baltimore, Maryland. 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. SEC. 2472. PAYMENT OF TAX. The tax shall, without assessment by the Commissioner or notice from the collector, be due and payable by the processor to the col- lector for the district in which is located his principal place of business, or if he has no principal place of business in the United States, then to the collector at Baltimore, Maryland, at the time so fixed for filing the return. SEC. 2473. SALES TO STATES OR POLITICAL SUBDIVISIONS. Subject to such rules and regulations as the Commissioner, with the approval of the Secretary, may prescribe, any person who has sold to a State, or a political subdivision thereof, for use in the exercise of an essential governmental function any article containing any such oil, combination, or mixture, upon the processing of which a tax hias been paid under section 2470 shall be entitled to a credit or re- fund of the tax paid with respect to the quantity of such oil, combi- nation, or mixture contained in such article. SEC. 2474. EXPORTATION. Upon the exportation to any foreign country or to a possession of the United States of any article wholly or in chief value of an article with respect to the processing of which a tax has been paid under this chapter, the exporter thereof shall be entitled to a refund of the amount of such tax. Upon the giving of bond satisfactory to the Secretary for faithful observance of the provisions of this chapter requiring the payment of taxes, any person shall be entitled, without payment of the tax, to process for such exportation any article with respect to which a tax is imposed by section 2470. SEC. 2475. ADDITION TO THE TAX IN CASE OF NONPAYMENT. If the tax is not paid when due, there shall be added as part of the tax interest at the rate of 6 per centum per annum from the time the tax became due until paid. SEC. 2476. COLLECTIONS COVERED INTO THE PHILIPPINE TREASURY. All taxes collected under this chapter with respect to coconut oil wholly of Philippine production or produced from materials wholly of Philippine growth or production, shall be held as a separate fund and paid to the Treasury of the Philippine Islands, but if at any time the Philippine Government provides by any law for any subsidy to be paid to the producers of copra, coconut oil, or allied products, no further payments to the Philippine Treasury shall be made under this section. 98907°-39-Tr. --- 18 265

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