APPENDIX 11
(Chapter 5: The Economy)
Revenue from Duties*
APPENDICES
$ Thousand
Actual
Actual
Estimate
1987-88
1988-89
1989-90
Duty on
Imported hydrocarbon oil
1,419,650
1,608,616
1,821,000
Imported intoxicating liquor
710,089
593,565
613,400
Imported liquor other than intoxicating liquor
4,446
5,180
2,520
Imported methyl alcohol
454
513
Imported tobacco
637,425
1,234,777
490
1,390,000
Locally manufactured liquor
254,878
300,603
345,500
Non-alcoholic beverages
180,949
199,161
199,300
Cosmetics
181,046
230,601
246,000
Total
3,388,937
4,173,016
4,618,210
Note: * These figures represent net revenue collected, ie after deducting refunds and drawbacks of duty.
Licence Fees under the Dutiable Commodities Ordinance #
Hydrocarbon oil
1,203
1,394
398
Liquor
5,779
5,853
1,798
Tobacco
1,367
1,400
437
Import and Export
987
Warehouse
120
Miscellaneous
1,137
1,211
442
Total
9,486
9,858
4,182
Note: The Dutiable Commodities (Amendment) (No. 2) Ordinance 1989 came into force on 1 August 1989 whereby composite products containing liquor, hydrocarbon oil or methyl alcohol as an ingredient are excluded from the application of the Dutiable Commodities Ordinance. With effect from the same date, the Dutiable Commodities (Amendment) Regulations 1989 also came into operation whereby separate licences, currently required for each category of dutiable commodities that are being stored, imported or exported, are replaced by one licence to store, and one licence to import and export, one or more categories of dutiable commodities. Moreover, dealer's and retailer's licences for selling goods to which the Dutiable Commodities Ordinance applies are abolished. As a result of these law amendments, a total of 23 872 licences has been abolished.
Miscellaneous Fees under the Dutiable Commodities Ordinance
Denaturing
Bonded warehouse supervision
Total
384
2,551
3,464
2,200
17,275
17,330
18,070
19,826
20,794
20,270