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THE TEA DUTY

*— NOT TO BE-LIFTED YET. A cilauso added to tho Appropriation Bill in the House of Representatives, on the motion of 'the Prime Minister, authorised the Government to reduce tho duty on tea by special order. Tea imported in bulk from British dominions may bo restored to the free list. The present duty on tea was imposed after the outbreak of war as a method of raising additional rovenue. Tho prospect of the duty being lifted from tea has caused somo anxiety among importers, who are holding stocks onwhich duty has boon paid. Iho Prime Minister stated yesterday, in answer to., a question on the subject, that the duty certainly would not lie changed before | tho end o! the current financial year cm March 31 next. He would not know the i exact financial position until tho finan- t rial year had ended, and in the mean- . tinio'ho did not intend to sacrifice any : revenue. Tho clause had been inserted ' in the Bill in order that the Government [ might have power uftcr Maroh 31, if the j financial conditions justified the change, ; (o lift tho duty from tea and so relievo ; the consuming public from one of the , burdens added during the war.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19201116.2.24

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 14, Issue 44, 16 November 1920, Page 6

Word count
Tapeke kupu
205

THE TEA DUTY Dominion, Volume 14, Issue 44, 16 November 1920, Page 6

THE TEA DUTY Dominion, Volume 14, Issue 44, 16 November 1920, Page 6

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