M. B. Kahn Const. Co. v. Crain

StukBs, Justice.

This case is concerned with liability for the payment of the levy imposed by the States Sales and Use Tax, 47 Stat. 677, approved April 19, 1951. It became effective July 1, 1951, but contained the following proviso to the effective date section, which was (32) of subarticle V; 47 Stat. 704:

“Provided, However, That the gross proceeds of the sales of tangible personal property delivered prior to January 1, 1952, under terms of construction contracts executed prior to April 1, 1951, shall be exempt from the sales and use taxes imposed under Subarticles III and IV, but only if a…