HC Deb 22 December 1964 vol 704 c213W
63. Mr. Charles Morrison

asked the Chancellor of the Exchequer why the 15 per cent. import surcharge applies to items imported free of cost.

Mr. MacDermot

It is impracticable, in the context of the temporary charge, to distinguish imports which do not represent a demand on United Kingdom assets.

Captain Orr

asked the Chancellor of the Exchequer, in view of the rise in the value of imports of £19 million during November, what revenue accrued in respect of the 15 per cent. surcharge during the same month.

Mr. MacDermot

This figure is not available; the temporary charge on imports prior to the Ways and Means Resolution of 11th November has not yet been collected.

Captain Orr

asked the Chancellor of the Exchequer what proportion of the revenue accruing from the 15 per cent. import surcharge was in respect of contracts already entered into.

Mr. MacDermot

The information is not available.

Captain Orr

asked the Chancellor of the Exchequer when the 15 per cent. import surcharge will end.

Mr. Callaghan

It is the Government's intention to review, to reduce and to remove, the charge as soon as the balance of payments situation permits.