HC Deb 30 March 1922 vol 152 c1528
38. Mr. DOYLE

asked the Chancellor of the Exchequer if his attention has been called to the fact that the price of tea has been considerably increased during the past few days; whether such rise is due to speculative profiteering or to a shortage of the commodity; and what steps, if any, he proposes to take not only to defend the public, but to see that such additional profits pay a corresponding share of the tea duty?

Sir R. HORNE

As regards the first part of the question, I understand that the increased price of tea is attributable to reduced production in India. With regard to the suggestion in the latter part of the question, I would remind the hon. Member that the taxation of profits of dealers does not come within the scope of the tea duty, which is a Customs duty levied on importation.

Mr. W. THORNE

Has the right hon. Gentleman any intention of reducing the Tea Duty when he introduces his Budget?