Rev. Rul. 56-291

A retail furrier makes shoe mitts from used fur to be used as shoe dusters, and has announced that each person who leaves a fur coat with him for storage will receive a pair of these mitts. Held, the shoe mitts are considered to be articles made of fur which, when sold at retail, are subject to the retailers excise tax imposed by section 4011 of the Internal Revenue Code of 1954. Where the mitts are issued to a person who leaves a fur coat with the furrier for storage, they are part of the consideration passing between the parties and, therefore, the transaction is considered to be a taxable sale of the fur mitts. In the absence of a retail selling price established by separate sales at retail, the tax should be computed on the retail value of the fur mitts.