41. Mr. Enrollasked the Chancellor of the Exchequer if, with a view to helping to give effect to the Government's policy of preventing taxation entering into industrial costs, he will refund Purchase Tax paid by firms for equipment, stores and other items required in connection with their business activities.
§ The Chancellor of the Exchequer (Sir Stafford Cripps)No, Sir. This is not practicable; nor do I think it would make any material difference to industrial costs.
§ Mr. ErrollIn view of that answer will the right hon. and learned Gentleman desist from making statements to the effect that taxation does not enter into industrial costs?
§ Sir S. CrippsIf it is relevant to the matter being discussed at the time.