HC Deb 09 April 1962 vol 657 cc1004-9

Motion made, and Question put, That as from the first day of May, 1962, but subject to any new Treasury order under section twenty-one of the Finance Act, 1948, purchase tax at the rate of 15 per cent. of the value of the goods shall be charged in respect of goods of the classes comprised in the Groups set out in the Annex to this Resolution, as if those Groups were added to Part I of the Second Schedule to the Finance Act, 1958; and any Act giving effect to this Resolution may include provision for securing that, where on or after that day chargeable goods, being beverages or products for the preparation of beverages, are appropriated or applied to the production of beverages which are not purchase tax goods, the appropriation or application shall be treated as if it were a chargeable purchase (" purchase tax goods" meaning for this purpose goods of any description from time to time comprised in Part I of the said Second Schedule). And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913.

  1. ANNEX 2,320 words, 1 division
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