Rev. Rul. 62-75

In view of the numerous changes in law and regulations relating to the products and occupations subject to tax under Chapter 51 of the Internal Revenue Code of 1954, a review has been made of the Revenue Rulings issued with respect to such products and occupations from 1953 to date. A review has also been made of Revenue Rulings issued with respect to the Federal Alcohol Administration Act and regulations thereunder.

Particular consideration has been given to the effect of the Excise Tax Technical Changes Act of 1958, 26 U.S.C. 5001, C.B. 1958-3, 91, which substantially revised the provisions of Chapter 51 of the Code, and to the regulations issued, reissued, or amended as a result of the enactment of this law.

Subsequent to the enactment of the Excise Tax Technical Changes Act of 1958 and pursuant to Treasury Decision 6373, C.B. 1959-1, 712, effective July 1, 1959, all instructions and interpretative rulings in effect with respect to regulations issued pursuant thereto, as of June 30, 1959, were, to the extent that such instructions or rulings were not inconsistent with Chapter 51 of the Code as amended by the above Act or with regulations in effect after such date, continued in effect as instructions and rulings pursuant to the applicable provisions of the Code as so amended, or pursuant to the regulations in effect after July 1, 1959.

On the basis of the review which has been made, it has been determined that the following Revenue Rulings have no application to the laws and regulations as now in effect, or they are unnecessary since the subject matter of the ruling is now specifically covered by regulations. These Revenue Rulings are therefore found to be no longer in effect, and are hereby declared to be obsolete, as follows:

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