CUSTOMS TARIFF.

Auckland Star, Volume LXIV, Issue 130, 5 June 1933, Page 4

CUSTOMS TARIFF.

ALTERATIONS IN DUTIES. Rights which may- be exercised by traders under tlie Customs law shorikl any alterations be made to the tariff by I arliament next session arc set out in an extract from the Customs Act quoted: in the current issue of the "Gazette." Jf after any agreement is made whether in New Zealand or elsewhere for the sale of goods, any alteration is made in the law relating to the liability of the goods for duty, then in the absence of expressly written provision to the contrary, the agreement shall be deemed to be modified as fo'«riws: —■ (a) in the event of the alteration being a new or increased duty, the seller, after making payment, may add to the agreed price the difference caused by the alteration. (b) In the event of a reduction in duty, the purchaser may deduct from the agreed price the difference between the amount of duty which the seller would have paid had the alteration not been made, and the amount of the duty actually paid by him. (c) In the ,event of the duty being abolished, the purchaser may deduct from the agreed price the duty which the seller would have paid had the alteration not been made. If any alteration in the tariff is made retrospective, the above provisions will apply retrospectively. Any money paid by a buyer to a seller in excess of the amount payable under the above provisions may be recovered from the 6eller as money •paid by mistake, whether the error is one of fact or of law.