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 Rev. Rul. 65-11

1965-1 C.B. 456

Full Text

Rev. Rul. 65-11

A manufacturer, producer, or importer of a particular make of automobile also sells kits containing tools, gauges, and related equipment designed especially for use in garages and repair shops for servicing and repairing these automobiles. Held , tool kits of this type are not automobile `parts or accessories' within the meaning of section 4061(b) of the Internal Revenue Code of 1954 and are not subject to the manufacturers excise tax imposed by that section.