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DUTY.

Sonic extraordinary instances are given by the Sydney Morning Herald of assessments for duty under 1 lie existing arrangement. A parcel of crcpe do c 11o ji o, costing £.'iSs was '.'valued" by the Customs. Department at £15(57, and the duty worked out at £550. A consignment of Belgian cotton hveeds invoiced at £452 was •■valued" for duty purposes at £SS2, and the duty fixed at £l4l. Aji importation of silk invoiced at £lO5 was calculated by the Customs to be really worth £327, and had to pay £lO7 in duly, which made the silk so dear as to be ■' absolutely unsaleable, (n a further case a parcel of woollen dress materials, costing £lf>P M'as valued for duty at £3:17, and the duty amounted to £l2O. These arc cases apparently in which the duty was paid. They give an indication of what it must have been like in those instances of which a merchant remarked it would pay him better to dump the stuff into the harbour than pay the assessed duty on it. Oije effect of the system is to foster .trade in certain lines with Japan instead of with France.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19201015.2.10

Bibliographic details

Wairarapa Age, 15 October 1920, Page 4

Word Count
193

DUTY. Wairarapa Age, 15 October 1920, Page 4

DUTY. Wairarapa Age, 15 October 1920, Page 4