HC Deb 28 February 1973 vol 851 c390W
Mr. Faulds

asked the Secretary of State for Trade and Industry what steps he is taking to deal with the anticipated increase in exports of works of art and antiques following the introduction of VAT, bearing in mind that imports of such goods will not normally be subject to VAT.

Sir G. Howe

The special arrangements made by my right hon. Friend the Chancellor of the Exchequer can be expected to avoid any significant increase of the kind suggested by the hon. Member, while preserving the interests of the existing entrepôt trade.

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