HC Deb 06 February 1967 vol 740 c222W
92. Mr. Galbraith

asked the Chancellor of the Exchequer how much has been borrowed from abroad since October 1964; and what are the dates when repayment is due.

Mr. Callaghan

Drawings from the International Monetary Fund and from the Swiss Central Bank are as follows:

advice had been so given to them prior to the institution of the proceedings by Mr. Salomon;

(3) when the Customs and Excise Department first applied rates of duty which were held to be the wrong rates in the case of Salomon v Commissioners of Customs and Excise.

Mr. MacDermot

This case concerned the valuation for import duty of a privately imported camera. The camera had been valued according to a method in use since 1958. This method was in accordance with legal advice, including the advice of independent counsel. The valuation was upheld when the case was heard by the Official Referee and again when Mr. Salomon appealed to the High Court. Following the decision of the Court of Appeal the Commissioners of Customs and Excise are meeting claims for repayment duly made, where supported by reasonable evidence.