General Motors Corp.

Excise tax; credits and refunds — allowance; interest on refund. — Plaintiff sues to recover excise taxes paid on amounts it refunded to purchasers of its refrigerators to cover part of the cost of local advertising of the product, on the theory that the amount so refunded constituted an allowance for which it should have been given a credit against taxes or an allowable refund of taxes under section *8673443 of the Internal Revenue Code of 1939. Upon consideration of plaintiff’s and defendant’s motions for summary judgment, together with the respective responses by the parties and oral…