HC Deb 25 January 1978 vol 942 c597W
Mr. George Gardiner

asked the Chancellor of the Exchequer if he will make a statement on the discussions between Her Majesty's Customs and Excise and representatives of the wine and spirit trade on a credit period for payment of excise duty, following the undertaking given by the Financial Secretary on 19th May 1977, and on their outcome.

Mr. Robert Sheldon

Customs and Excise has held a number of meetings with representatives of the industry at which the practical implications of deferring the excise duties on wines and spirits have been examined, without prejudice to a ministerial decision on whether such deferment should be introduced. My right hon. Friend will be considering the matter further in the light of his overall Budget strategy.