Page:United States Statutes at Large Volume 58 Part 1.djvu/88

 PUBLIC LAWS--CH. 6- -FEB. 25, 19~4 54 Btat. . 26U. 8.0. §3190, 191; 8upp. II 3190 a5. Ante, p. 60. At,p.L Ante, p. 0O. Time extenson. 8 Stat. 347. 8U. .0. 3030 t; Supp. . I 3030 a-te p.61. g Stat. 8; M 8tat 7n.
 * 2U.S.0. i287:

supp. , 1 2887. is tat. 972. XIU. 8. C., upp. m11 3260 0) (5). Ant p. 60. At, p. 61. Stat. 972 . M, U.8. 0 8pp. mt I=so . "(3) LAWS APPLICAmBr-All provisions of law, including pen- alties, applicable in respect of the taxes imposed by subsection (a) shall, insofar as applicable and not inconsistent with this subsection, be applicable with respect to the floor stocks tax imposed by this subsection." (c) WINEs. -Subchapter F of Chapter 26 is amended by inserting at the end thereof the following new section: "SEC. 3194 1944 FLOOR STOCKS TAX ON WINES. "(a) FLOOB STOCKS TAx.- Upon all wines upon which the internal- revenue tax imposed by law has been paid, and which on the effective date of Title III of the Revenue Act of 1943 are held and intended for sale or for use in the manufacture or production of an article intended for sale, there shall be levied, assessed, collected, and paid a floor stocks tax at rates equal to the increases in rates of tax made applicable to such articles by section 302 (a) of the Revenue Act of 1943. "(b) RrrIUrS. -Under such regulations as the Commissioner with the approval of the Secretary shall prescribe, every person required by subsection (a) to pay any floor stocks tax shall, on or before the end of the thirtieth day following the effective date of Title III of the Revenue Act of 1943 make a return and shall, on or before the first day of the third month following such effective date, pay such tax. Payment of the tax shown to be due may be extended to a date not later than the first day of the tenth month following the effective date of Title III of the Revenue Act of 1943, upon the filing of a bond for payment thereof in such form and amount and with such surety or sureties as the Commissioner, with the approval of the Secretary, may prescribe. "(c) LAws APPLIrABLE.-- All provisions of law, including pen- alties, applicable in respect of the taxes imposed by section 3030 (a) shall, insofar as applicable and not inconsistent with this section, be applicable with respect to the floor stocks tax imposed by sub- section (a)." SEC. 309. DRAWBACK ON DISTILLED SPIRITS. (a) DisTILLED SPIRIrs EXPORTED.-T he third paragraph of section 2887 (relating to drawback on distilled spirits exported) is amended by striking out "but shall not exceed a rate of $6 per proof-gallon,". (b) DIsnTrED SPnuTs USED IN MANUFACTURE OF CERTAIN NON- BEVERAGE PsoDnurs. -In lieu of the rate of drawback specified in section 3250 (1) (5) of the Internal Revenue Code, the rate applicable with respect to the period beginning with the effective date of Title III of the Revenue Act of 1943 and ending on the first day of the first month which begins six months or more after the date of the termination of hostilities in the present war, shall be $6.00. (c) DISTuIEn SPIrrs WrIT RESPECT TO WHICH APPrLICaBLE-Sub- section (b) shall be applicable only with respect to distilled spirits on which the internal revenue tax was paid at the war tax rate, or at a rate equivalent to the war tax rate, specified in section 1650 of the Internal Revenue Code. (d) ThnE or ELInBrrroR DOBR&WBa&cWIrr RrBPrr TO DIDrU SPrrRr UED IN MANUOACTUBE OF CErTAINTNONBEVERAGE PRoDUCTr.- Section 3250 (1) (1) (relating to eligibility for drawback with respect to distilled spirits used in manufacture of certain nonbeverage prod- ucts) is amended to read as follows: "(1) IN GEasE AL. -Any person using distilled spirits produced in a domestic registered distillery or industrial alcohol plant and fully tax-paid in the manufacture or production of medicines, [58 STAT.

�