Time for payment of forest charges.
Section 273
SEC. 273. Time for payment of forest charges. — Except as hereinbelow provided, the charges on forest products shall be payable at the time of the removal of the same from the forest. With the approval of the Collector of Internal Revenue, timber may be removed from a saw mill situated on a licensed cutting area upon the giving of a bond conditioned upon the monthly payment of the charges due on the output of such mill. He may also authorize the shipment of forest products under auxiliary invoices without the pre-payment of charges in special cases where the payment of the charges at the point of origin would result in undue hardship, if the owner or concessionaire shall first file a bond with the Bureau of Internal Revenue in the form and amount and with such sureties as the Collector of Internal Revenue may require, conditioned upon the payment of the forest charges at the point of destination or at such time and place as the Collector may direct.