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TRADE BARRIERS

CANADA LIFTS DUMPING DUTY. OTTAWA, December 24. The dumping duty has been lifted. On the recommendation of the Wai Time Prices and Trade Board an Order-in-Council has been passed providing: (1) the imposition of special or dumping duties on imported goods is suspended. For the time being such duties will apply only to fruits and vegetables; (2) the Minister of National Revenue, the Hon. C. W. G. Gibson, has been authorised to assess customs duties on invoice value of goods im-| ported from countries other than the United Kingdom where such action is recommended by the War Time Prices and Trade Board. This concession was granted to the United Kingdom last April. , . It is explained that the purpose ,of the Orders-in-Council is to help maintain the price ceiling and remove some of the trade barriers between nations fighting the Axis. Under the second order the customs duty on imported goods may now be calculated on the actual invoice value rather than on the “fair market value” for home consumption in the country of origin.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WAITA19420102.2.67

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Times-Age, 2 January 1942, Page 6

Word count
Tapeke kupu
176

TRADE BARRIERS Wairarapa Times-Age, 2 January 1942, Page 6

TRADE BARRIERS Wairarapa Times-Age, 2 January 1942, Page 6

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