Rev. Rul. 62-129

Revenue Ruling 59-4, C.B. 1959-1, 295, contains an illustrative list of taxable and nontaxable articles for use by retailers as a guide in determining their liability for the retailers excise tax imposed on the sale of luggage, handbags, etc., by section 4031 of the Internal Revenue Code of 1954, as amended by the Excise Tax Technical Changes Act of 1958, Public Law 85-859, C.B. 1958-3, 92.

As a supplement to Revenue Ruling 59-4, there are listed below other items which the Internal Revenue Service has held to be taxable or nontaxable, as indicated, when sold at retail.

         Taxable                         Nontaxable