MOTORS HEAVILY LOADED
SCALE TO BE LOWERED HALFYEARLY.
(Received 21st May, 11 a.m.)
BERLIN, 20th May. liie Minister of Economic Affairs said the duties on motor-cars and tractors had a special character, because . foreign manufacturers enjoyed an extraordinary start over the German-motor industry, .therefore, the duties on imported motorcars would bo higher than those on other products, amounting to about 350 reichmarks per vehicle. These duties would be reduced by half-yearly stages to the normal tariff. The. same procedure would be followed for the gradual reduction of duties on tractors. As regards Customs duties on chemical products, which throughout amount to under 10 per cent, ad valorem, tho bovermnent's proposals provided for lowering these in return for compensating advantages. ■
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Bibliographic details
Evening Post, Volume CIX, Issue 117, 21 May 1925, Page 5
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119MOTORS HEAVILY LOADED Evening Post, Volume CIX, Issue 117, 21 May 1925, Page 5
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