§ Captain W. BENNasked the Financial Secretary to the Treasury what rate of duty is at present levied on imported foreign sugar, imported sugar of Imperial origin, and home manufactured sugar, respectively?
Mr. YOUNGThe governing rates of duty on sugar are as follow:—
Per cwt. £ s. d. On imported foreign sugar … 1 5 8 On Empire sugar … 1 1 ⅔ On home-grown sugar … 0 19 5⅓
§ Captain W. BENNasked the Financial Secretary to the Treasury what was the total amount of the Excise Duty levied on sugar during the last financial year; and what will be the loss of revenue 1000W involved if the remission of this duty in accordance with Government pledges is accorded?
Mr. YOUNGThe revenue derived from the Excise Duty on sugar in the financial year 1921–22 was£122.000. The anticipated loss of revenue involved in the proposed repeal of the Excise Duty on home-grown sugar is insignificant, since the Government are satisfied that unless the duty is removed the two factories now at work will be forced to stop.