asked the Minister for Finance if he will state the amount of revenue derived from the customs duty on imported motor parts during each of the years 1939 to 1948, and 1949 to date.
Ceisteanna—Questions. Oral Answers. - Imported Motor Parts.
Motor vehicle parts are liable to duty at varying rates and are required to be shown on the customs entries under numerous import list descriptions. As an economy measure the compilation of statistics of customs duty by reference to the separate import list descriptions was discontinued in 1939 and since that date receipts of duty have been recorded under the appropriate tariff heading only. Motor vehicles complete, as well as their component parts and accessories, are in the main included under one tariff heading. Separate figures are not, therefore, available of the yield of duty from all imported motor parts and could not be complied without considerable difficulty and expenditure of time.
It has been found possible, however, to calculate the approximate yield of duty in respect of one important category of imported parts, viz., complete or substantially complete aggregates imported for assembly purposes and entitled to admission at special compounded rates of duty. I propose to have these figures circulated with the Official Report.
Following are the figures:—
Approximate yield of duty from aggregates of motor car parts chargeable at compounded rates of duty.
|
Financial Year |
Body Parts |
Chassis Parts |
|
(Duty 20%) |
(Duty 12½%) |
|
|
£ |
£ |
|
|
1939/40 |
28,000 |
75,000 |
|
1940/41 |
16,000 |
44,000 |
|
1941/42 |
8,000 |
19,000 |
|
1942/43 |
2,000 |
6,000 |
|
1943/44 |
— |
— |
|
1944/45 |
— |
— |
|
1945/46 |
6,000 |
13,000 |
|
1946/47 |
85,000 |
214,000 |
|
1947/48 |
167,000 |
388,000 |
|
1948/49 |
200,000 |
411,000 |
|
1949/50 |
153,000 |
212,000 |
|
(April-October) |