HC Deb 08 December 1967 vol 755 cc411-2W
Mr. Tinn

asked the Chancellor of the Exchequer if he will now give any guidance about the payment of export rebate on goods exported after 31st March, 1968, under existing contracts.

Mr. Tilney

asked the Chancellor of the Exchequer when he will be in a position to state whether export rebate will continue to be paid on exports the contracts for which have been signed prior to 1st April, 1968, and which take many months to manufacture.

Mr. Harold Lever

Provision will be made for goods qualifying under existing legislation to be eligible for export rebate, notwithstanding that they are not exported until after 31st March, 1968, provided that the Board of Trade are satisfied that the goods will be exported under a firm written contract made before 19th November, 1967, at fixed prices payable in sterling, which are not renegotiable. Goods exported under contracts dated on or after 19th November, 1967, the day after the announcement of the withdrawal of the export rebate, will qualify for rebate until 31st March, 1968, only. Appropriate legislation will be introduced before the Christmas Recess. Fuller information about the arrangements proposed for the operation of this scheme will be issued as soon as possible by the Board of Trade.