§ 63. Sir STAFFORD CRIPPSasked the Financial Secretary to the Treasury whether, in the case of barley which has been purchased for forward delivery and is imported, Customs duty will have to be paid under the Import Duties Act upon the invoice price of such barley or upon the value thereof on the date when it is actually landed; whether he is aware that the Customs authorities at the different ports are in disagreement as to which method of valuation should be adopted; and whether he proposes to take any action to secure uniform administration?
§ Major ELLIOTThe value for duty will be based on the price paid for the goods at the time of importation provided the transaction is a bona fide open market purchase. The Customs officers at the ports have already been so instructed, and every step is being taken to avoid any disagreement in practice.