HC Deb 28 April 1961 vol 639 cc70-2W
Mr. J. Harvey

asked the Chancellor of the Exchequer whether, under his regulations, a British manufacturer who arranges for certain component parts to be made abroad, to his own design and drawings, is liable to pay Customs Duty, not only on the value of the imported components, but also on the value of the design and drawings concerned.

Mr. Barber

Under the provisions of Section 258 of the Customs and Excise Act, 1952, and the Sixth Schedule thereto, the value of such imported components for Customs Duty purposes is the price they would fetch on a sale in the open market. This would normally reflect the cost of preparation of the design and drawings necessary for manufacture.