Grocery opposition to Extax proposal
The Grocery Manufacturers’ Association has rejected the National Party’s Extax Proposal. The .Association’s Executive Director, Mr Peter Tritt, said grocery manufacturers were concerned about the exemption of “basic foods” and the loss of revenue that is inevitable. He said that exempting “basic foods” was fraught with difficulties. There would be many problems in defining which goods were exempt.
“Whatever definition is finally arrived at it is inevitable that the exemptions would distort the marketplace and penalise employment-creating value-added products. For example, it has been suggested that fresh produce ZiXSX"*’"'” canned would not. • food?’ wJuld be aSo grade return to the tox regime where certain grocery products were dqjjjned “luxuries” and
taxed accordingly. It would also open the floodgates to approaches for further ad hoc intervention to meet the requests of various interest groups. “The loss of revenue ari Pg from ad hoc exaS the greater SCO p e for avoidance with the removal of the selfpolicing of GST are also of concern ’ “That revenue has to be obtained from somehe said.
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Press, 22 December 1986, Page 34
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176Grocery opposition to Extax proposal Press, 22 December 1986, Page 34
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