§ Mr. Conwayasked the Chancellor of the Exchequer what assessment he has made of the effect on manufacturing competitiveness of the delay in refunding value added tax to raw material importers; and if he will make a statement.
§ Mr. BrookeSince the general withdrawal of the postponed accounting system for VAT on imports on 1 November 1984, my officials have kept me informed of the effect of the change on importers generally including those who import raw materials.