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Finance Bill

Volume 163: debated on Monday 7 May 1923

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asked the Prime Minister if he can give the approximate date of the introduction of the Finance Bill; and whether he anticipates, this year as last year, the discussions in Committee will all be in June?

RATES OF DUTY ON TOBACCO SINCE 1914.
(1) Imported.
Description.1914 to 21st Sept., 1915.22nd Sept., 1915, to 2nd May, 1917.3rd May, 1917, to 15th July, 1917.16th July, 1917, to 22nd April, 1918.23rd April, 1918, to 1922.*
Unmanufactured—s.d.s.d.s.d.s.d.s.d.
If Stripped or Stemmed—
Containing 10 lbs. or more of moisture in every 100 lbs. weight thereof.35768
Containing less than 10 lbs. of moisture in every 100 lbs. weight thereof.46287291
If Unstripped or Unstemmed—
Containing 10 lbs. or more of moisture in every 100 lbs. weight thereof.3856746582
Containing less than 10 lbs. of moisture in every 100 lbs. weight thereof.4168279
Manufactured—
Cigars70106140123157†
Cigarettes5886114911127
Cavendish or Negrohead5480108941110½
Cavendish or Negrohead, manufactured in bond.4870948210
Other manufactured Tobacco4870948210
Snuff containing more than 13 lbs. of moisture in every 100 lbs. weight thereof.45681079
Snuff not containing more than 13 lbs. of moisture in every 100 lbs. weight thereof.5480108941110½
* These duties were reduced by one-sixth on and from 1st September, 1919, in the case of tobacco of Empire origin and consignment.
† From 20th April, 1920, to 10th May, 1921, an additional duty of 50 per cent. ad valorem was imposed on Cigars; reduced to two-thirds of full rate in the case of Cigars of Empire origin and consignment.

The Finance Bill was introduced on 23rd April. It is hoped that it may be possible to take the Second Reading on 14th May, and to proceed with the Committee stages of the Bill during June.