DUMPING DUTY
NEW ZEALAND BUTTER BONDED AT VANCOUVER EXTENT OF THE IMPOST (Aust. and N.Z. Cable) Ottawa, April 0 The dumping duty against- the New Zealand butter held in bond at Vancouver will be levied on the same basis as the dumping duty against goods from the United Kingdom, which is the difference between the fixed value of the pound st 01 ling at 4 25 dollars and the average actual exchange rate of sterling oji the. wmld market, wlucn is in the neighbourhood of 4.12 dollars. As New Zealand currency is lower than sterling, the dumping duty against the butter will be correspondingly higher. It is estimated here that the amount will be approximately ly 3t cents a pound. This 'impost will be in addition to the regular A cents a pound duly About 250 tons -of burtter are in bond.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS19330411.2.97
Bibliographic details
Feilding Star, Volume 10, Issue 3997, 11 April 1933, Page 8
Word Count
142DUMPING DUTY Feilding Star, Volume 10, Issue 3997, 11 April 1933, Page 8
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.