SALES TAX

Gisborne Times, Volume LXXIII, Issue 11952, 24 May 1933, Page 5

SALES TAX

A DIHTTON A L EXEMPTION S

Press Association)

WELLINGTON. May 23

Additional exemption s lrom tb° sales tax gazetted 10-night include:

Casein. Crude distillates ol coal ta>- or otwood as approved by the Minister. Crude petroleum, crude residual oil, once run shale oil, and crude distillates of petroleum. Cut flowers, wreaths, bouqu.-tri,

etc. Dried milk and. dried mall ex 1 fact foods. Buna-lido second band goods that already have been used in Now Zealand. Floating docks. Goods not liable to customs duty (including goods liable t u primage duty only), imported by persons not engaged in business. Bona fide presents sent from abroad to persons in New Zealand. Alargarine. Valour or service medals !ur members of Fire Brigades, etc. Cured tobacco leaf. Angora .wooi. Beeswax, paraffin wax. Sewing, darning and knitting needles. Antiques and works of art which we i*o produced or manufactured at least 100 years ago. Also tho following classes “f timber: white pine, pinus insignis. fence posts, pit drops. An amendment is made in respect ot tlie exemption of medicines, and drugs prepared or compounded by pharmaceutical chemists, which is now limited to those prepared or compounded according to bona fide prescriptions.

MINISTER. EXPLAINS EXEMPTIONS.'

GOODS OVERLOOKED IN ORIGINAL LIST.

Press Association) WELLINGTON. May 23

The Rt. lion. C. J. Coates, in n statement on the Sales Tax exemptions. said that many requests had liecn received for alterations or additions to the list, covering goods overlooked in the original exemptions. Among the goods now exempted are casein, kauri gum, and angora wool. which are chiefly exported from New Zealand. Many articles now exempted are chiefly used in the manufacture of noil-taxable goods. Exemption was also made for Several commodities used directly or indirectly in primary and secondary industries. 0.g., liquid ammonia, metal fencing droppers, round fencing posts, certain industrial machines used in New Zealand factories, and various chemicals used in mining. It had also boon decided to exempt fuel oil and lighting kerosene. Tim first of these was used largely jin the transport industry, and the second largely takes the place of electric light and coal, which were already exempt. The exemption of secondhand goods .was made because it was considered that the tax should not ba paid twice on the same article. The limitation of the exemption on medicine and drugs compounded by chemist's to prescriptions of registered practitioners, veternary surgeons, etc.. i\vas intended to place all competitors on the same footing.