Rev. Rul. 70-588

Section 154.1-1(b) of the Temporary Regulations in Connection with the Airport and Airway Revenue Act of 1970, promulgated June 9, 1970, T.D. 7046, this page, requires sellers and certain purchasers to be registered in order to make tax-free sales and purchases of the aviation fuels otherwise subject to the tax imposed by section 4041(c) of the Internal Revenue Code of 1954. Among other requirements of the Temporary Regulations, the purchaser must provide a properly filled out exemption certificate containing the purchaser's registration number. The effective date of the Airport and Airway Revenue Act, Public Law 91-258, C.B. 1970-1, 361 is July 1, 1970. Because of the limited period of time between the promulgation of the Temporary Regulations and the effective date of the Act, sellers and purchasers were not able to comply with the registration requirement.

Held, the effective date of the registration requirement of section 154.1-1(b) of the Temporary Regulations has been postponed until August 1, 1970. Accordingly, sales by vendors of aviation fuel prior to August 1, 1970 may qualify as tax-free sales even though exemption certificates supporting such sales do not contain the purchaser's registration number, provided all other requirements of the law and regulations are met. However, an exemption certificate covering purchases for a period of time extending beyond July 31, 1970 must contain the purchaser's registration number.