HC Deb 23 November 1914 vol 68 cc820-1W
Sir JOHN ROLLESTON

asked the Under-Secretary for India whether he will state what are the duties per ounce imposed on the import of silver bullion into India by the Indian Government, and what was the date when these duties were imposed; and what were, approximately, the proportions of the import of silver and gold into India, excluding the silver purchases of the Government of India, for four years before and four years after the imposition of the Silver Duties?

Mr. C. ROBERTS

The present Import Duty on silver of 4d. an ounce, in place of the 5 per cent.ad valorem duty, was imposed in February, 1910. The imports of silver and gold into India on private account have been as follows in the years preceding and following the imposition of the duty at this rate:—

Imports, Exports, and Net Imports of Silver and Gold on Private Account, 1906–7 to 1913–14 (years ending end of February).
Silver.
Imports. Exports. Net Imports.
ozs. ozs. ozs.
1906–7 41,292,210 7,738,147 33,554,063
1907–8 56,392,905 8,131,818 48,261,087
1908–9 87,959,511 11,721,361 76,238,150
1909–10 73,764,084 13,430,408 60,333,676
Total 259,408,710 41,021,734 218,386,976
1910–11 69,129,111 15,027,153 54,101,958
1911–12 73,132,042 36,408,996 36,723,046
1912–13 48,416,718 17,958,515 30,458,203
1913–14 41,972,200 8,711,584 33,260,616
Total 232,650,071 78,106,248 154,543,823
Gold.
ozs. ozs. ozs.
1906–7 2,979,696 827,584 2,152,112
1907–8 3,333,113 595,352 2,737,761
1908–9 1,476,588 634,981 841,607
1909–10 3,649,630 603,352 3,046,278
Total 11,439,027 2,661,269 8,777,758
1910–11 4,363,938 682,198 3,681,740
1911–12 6,628,746 645,592 5,983,154
1912–13 7,298,574 642,789 6,655,785
1913–14 4,617,532 826,535 3,790,997
Total 22,908,790 2,797,114 20,111,676