Page:United States Statutes at Large Volume 75.djvu/166

 126

PUBLIC LAW 87-6l-JUNE 29, 1961

[75 S T A T.

" (e) SECTION INAPPLICABLE TO CERTAIN LIABILITIES.—This section

26^lc 66o\!*

68A Stat. 757.

shall not apply to any liability for tax incurred in— " f 1) April, May, or June of any year, or " (2) July, August, or September of 1972." (2) Section 6601(c)(2) of such Code (relating to determination of last date prescribed for payment of tax) is amended by striking out "6152(a)" and inserting in lieu thereof "6152(a) or 6156(a)", and by striking out "6152(b)" and inserting in lieu thereof "6152 (b) or 6156 (b), as the case may be". (3) -pj^g table of sectious for subchapter A of chapter 62 of such Code is amended by striking out "Sec. 6156. Payment of taxes under provisions of the Tariff Act."

and inserting in lieu thereof "Sec. 6156. Installment payments of tax on use of highway motor vehicles. "Sec. 6157. Payment of taxes under provisions of the Tariff Act." SEC. 204. EXTENSION OF PERIOD OF 10 PERCENT TAX ON TRUCKS AND BUSES.

staf.Mr' ^^^' ^° Section 4061(a)(1) of the Internal Revenue Code of 1954 (relating 26 USC" 4061. to tax ou trucks and buses) is amended by striking out "July 1, 1972" and inserting in lieu thereof "October 1, 1972". SEC. 205. CERTAIN GASOLINE SOLD FOR FURTHER MANUFACTURE. (a) EXEMPTION FROM TAX.—Section 4221(d)(6) of the Internal 72 Stat. 1282, Revenue Code of 1954 (relating to use in further manufacture) is amended— 1) by striking "or" at the end of subparagraph (A), [2) by striking the period at the end of subparagraph (B) and inserting in lieu thereof "; or", and (3) by adding at the end thereof the following new subparagraph: " (C) in the case of gasoline taxable under section 4081, such gasoline is sold for use by the purchaser, for nonfuel purposes, as a material in the manufacture or production of another article to be manufactured or produced by him." (b) U S E BY MANUFACTURER OR IMPORTER CONSIDERED SALE.—Section

26 USC 42fa*

26 USC 6416.

4218(a) of such Code (relating to use considered as sale) is amended by adding at the end thereof the following new sentence: "This subsection shall not apply in the case of gasoline used by any person, for nonfuel purposes, as a material in the manufacture or production of another article to be manufactured or produced by him." (c) CREDIT O REFUND.—Section 6416(b)(3) of such Code (relating R to tax paid articles used for further manufacture) is amended— (1) by striking out "or" at the end of subparagraph (D), (2) by striking out the period at the end of subparagraph (E) and inserting in lieu thereof "; or", and (3) by inserting after subparagraph (E) the following new subparagraph: " (F) in the case of gasoline taxable under section 4081, such gasoline is used by the second manufacturer or producer, for nonfuel purposes, as a material in the manufacture or production of any other article manufactured or produced by him." (d) CONFORMING AMENDMENT.—Section 6 4 1 6 (b)(2)(E) of such Code is amended by striking out "or (E) " and inserting in lieu thereof " (E), or (F) ".

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