SALES TAX

Hokitika Guardian, 24 May 1933, Page 5

SALES TAX

MOEE EXEMPTIONS

ACT ING-PREM |ER J S u sfATEM ENT.

[Per Press A hoc tat ion Gopyright .l

* WELLINGTON, May;.?3. Additional . exemption's rrom the

sales tax were gitzetced itU-nignt. They inciudo /the rouowmg .commodities uaseiii, crude , distniates ox coal tar, . or or wood fas appfgyhd-by the iVliniSt- ; or), (Cfuue petipie'ifm, ei ude' residual r oil, once-run shale’ oil,, prude distillates or petrbleum,. cut ■ uowers, wreaths, , o’ouqupts, etc:,. uried nula, dried malt ex ex act roods, - bona fide ■ second-hand' ; gbods -that have "beeh; j Zealand,: and floating docks. • Also goods not liable to:cuatoms duty (including godds'liable 'to primage .duty only) wiien ; imported .by'.peidous not engaged in business ; 'boria hde>preseucs •. sent ironi abroad to petooh in New Zealand ; margarine; valour or. service medais for; members of fire brigades, etc;; cured : tobacco/, l^ai;'angora woor; beeswax; paraifin' wax f ; :lshwiilg, darning and Kfnttmg needles; antiques ana works of art produced pr . manufactured at least one hundred'; yea.s ago. . .(/;■ j.. . - . Also -exempted -, arp, 'thefallowing classes of timber s-AVliiteygine; pinup insignia fence -’posts; .pit; props) ;• An amendipphti is ..made the exemption #mettitihea ; arid.drugs prepared or . compounded puajinaw^, > utical chemists; ; v: to those prepared ' or' coinpQunded; ab- ' cording to Mr d: G. coato's. lhade Itatemeht

on the new sales tax’ exemptions. Lie said: ‘ ‘Many requests' Inive; beeL-d^peiv-ed - for alte: atioris of.’ additions' td tbe list covering ; the goods .Overlooked; ;fn. the ofiginal -eXeiiiptiohs. '.-the goods now are; casdifi,? gun an^t Angola wodl,;-\ivWjhich ;,'are • ,Chiefly t exported xVom New . Zealand. of.’.the' articles s how" exempted |i^ r oh|pily r^edan r the manufacture:: of pon-taxable goods. : ••;. _ f r j ", / I ‘ ‘An ; exemption; fias - also'; , made for: several /commodities used directly offibdifeplly'in'primaTy or setoncJary;llidustriesas.for 'ihstance,';li(iuid tunfiipnia, i metal fencing .droppers, . round fehcingppoSts■ ■ unworked, ce^'aiEj, indus- - trial lpacfiines - used in- New, Zealand factories); arid various cWmicajs; used in. mining. It has also been decided, to exempt ‘fuel oil 5 and alsb ;.jight/ng kero4enV..;<: '• •• • ; '*; | “The first, of these js itsed;.largely in; the transport. uidu stry,Aaird : thp ■ largely takes the: place df’elpctric light hnd'coal, which are' y already.; exempt., The exemption of secpnd-handf gocds l? . made because it- is considered that-, a : , tax should not be paid, twice on the Stiiul tirtlclei The limitation owithe cxv emptio'h of medical driigs liy chemistH to the; lire,acfiiyfclons 1 of wthi-ed . vetei'ifiary gepus,, etc., is intended to place . all competitors ofi .thi : sahie footing.” :