Page:United States Statutes at Large Volume 68A.djvu/655

 CH. 51—DISTILLED SPIRITS, WINES, AND BEER

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SEC. 5063. FLOOR STOCKS TAX REFUNDS ON DISTILLED SPIRITS, WINES, CORDIALS AND BEER. (a) GENERAL,—With respect to any article upon which tax is imposed under this part, upon which internal revenue tax (including floor stocks tax) a t the applicable rate prescribed has been paid, and which, on April 1, 1955, is held by any person and intended for sale or for use in the manufacture or production of any article intended for sale, there shall be credited or refunded to such person (without interest) subject to such regulations as may be prescribed by the Secretary or his delegate an amount equal to the difference between the tax so paid and the rate made applicable to such articles on and after April 1, 1955, if claim for such credit or refund is filed with the Secretary or his delegate prior to May 1, 1955 or within 30 days from the promulgation of such regulations. (b) LIMITATIONS ON ELIGIBILITY FOR C R E D I T OR R E F U N D. — N o

person shall be entitled to credit or refund under subsection (a), unless such person, for such period or periods both before and after April 1, 1955 (but not extending beyond 1 year thereafter), as the Secretary or his delegate shall by regulations prescribe, makes and keeps, and files with the Secretary or his delegate, such records of inventories, sales, and purchases as may be prescribed in such regulations. (c) OTHER L A W S APPLICABLE.—All provisions of law, including

penalties, applicable in respect of internal revenue taxes on distilled spirits, wines, liqueurs and cordials, imported perfumes containing distilled spirits, and beer shall, insofar as applicable and not inconsistent with this section, be applicable in respect of the credits and refunds provided for in this section to the same extent as if such credits or refunds constituted credits or refunds of such taxes. SEC. 5064. TERRITORIAL EXTENT OF LAW. The provisions of this part imposing taxes on distilled spirits, wines, and beer shall be held to extend to such articles produced anywhere within the exterior boundaries of the United States, whether the same be within a n internal revenue district or not. SEC. 5065. CROSS REFERENCES. For general administrative provisions applicable to the assessment, collection, refund, etc., of taxes, see subtitle F.

PART 11—OCCUPATIONAL TAX Subpart Subpart Subpart Subpart Subpart Subpart Subpart

b;

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A. B. C, D. E. F. G.

Sec. 5081. Sec. 5082. Sec. 5083. Sec. 5084.

Rectifier. Brewer. Manufacturers of stills. Wholesale dealers. Retail dealers. Nonbeverage domestic Drawback claimants. General provisions.

Subpart A—Rectifier Imposition and rate of tax. Definition of rectifier. Exemptions. Cross references.

SEC. 5081. IMPOSITION AND RATE OF TAX. Every rectifier of distUled spirits or wines (as defined in section 5082) shall pay a special tax of $220 a year: Provided, That any § 5081

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