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Ceylon Tea Market Postponed

COLOMBO, July 24

The Ceylon tea market has been postponed indefinitely pending clarification of the position resulting from the imposition of 15 cents per lb. export duty announced in the Budget' this month. Traders are uncertain whether they are liable for duty on forward sales contracted before the Budget and have asked the Finance Minister to receive a deputation to discuss the tax position generally.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19500726.2.47

Bibliographic details

Gisborne Herald, Volume LXXVII, Issue 23315, 26 July 1950, Page 7

Word Count
69

Ceylon Tea Market Postponed Gisborne Herald, Volume LXXVII, Issue 23315, 26 July 1950, Page 7

Ceylon Tea Market Postponed Gisborne Herald, Volume LXXVII, Issue 23315, 26 July 1950, Page 7