HC Deb 01 April 1974 vol 871 cc1013-4
Motion made, and Question,
but without prejudice to the powers conferred on the Treasury by section 1 of the Finance Act 1973.
- (a) as from 27th March 1974 the rates of duties of customs and excise chargeable under section 4 of the Finance Act 1964 on tobacco by virtue of Schedule 5 to the Finance Act 1973 or any order made before that date under section 1(4) of the Finance Act 1973 shall each be increased by £1.400 per pound;
- (b) as respects tobacco on which there have been paid duties of customs or excise at the said increased rates, the rates of drawback allowable under the said section 4 by virtue of the said Schedule 5 or any such order shall each be increased by the like amount per pound,
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the pro-
visions of the Provisional Collection of Taxes Act 1968.—[Mr. Henley.]
put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.