HC Deb 10 September 1931 vol 256 c308

I have also selected tobacco as a suitable article to bear an increased duty in the present circumstances, and I propose that as from to-morrow the Customs Duty on imported leaf, that is the unmanufactured form of tobacco, shall be raised from 8s. 10d. per lb. to 9s. 6d. per lb. That is an increase of 8d. The rates of duty on other forms of tobacco will be increased in the same proportion. I estimate this addition will yield £4,000,000 in a full year, and £2,100,000 this year. I have no reason to anticipate that the whole of this increase will be passed on to the consumer.

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