HC Deb 15 January 1976 vol 903 cc215-6W
29. Rear-Admiral Morgan-Giles

asked the Chancellor of the Exchequer what has been the effect on the boatbuilding industry of his imposition of the 25 per cent. VAT rate; and how this compares with the result which he expected when he imposed the 25 per cent. rate.

Mr. Robert Sheldon

We have undertaken to monitor the effects of the 25 will publish a table in the Official Report showing the average unit values of imports of selected commodities at the latest available date in costs per ton in EEC and non-EEC countries in the manner of his reply of 23rd January 1975 (Official Report, columns 1729–30).

Mr. Bishop

There is no easily identifiable basis for measuring EEC and non-EEC prices, and, because of differences in quality, grading, presentation of products and stage of marketing, comparisons of prices of foodstuffs from different sources can be made only in broad terms. Subject to these reservations, a table showing the latest information available for selected commodities is set out below. per cent. rate and have made arrangements accordingly, including consultations with the ship and boat building industry. It is not the practice to publish revised estimated of revenue receipts between Budgets.