TUESDAY, JULY 30, 1991
10
NEW RULES ON DUTY-FREE CONCESSION RATE FOR FUEL
EXCISE
DEPARTMENT
TODAY
REMINDED THE CUSTOMS AND
(TUESDAY)
OF REGULATIONS DRIVERS OF CROSS-BORDER GOODS VEHICLES THAT A NEW SET
FOR FUEL IN THE FUEL SETTING OUT THE RATE OF DUTY-FREE CONCESSION
EFFECT ON TANKS OF GOODS VEHICLES ARRIVING FROM CHINA WILL COME INTO THURSDAY (AUGUST 1).
1991,
REGULATIONS (AMENDMENT) UNDER THE DUTIABLE COMMODITIES
GOODS VEHICLE WITH CYLINDER THE RATE OF DUTY-FREE CONCESSION FOR A
VEHICLES WITH CAPACITY BELOW 3,000 CC IS SET AT 100 LITRES, THAT FOR CYLINDER CAPACITY BETWEEN 3,000 CC AND 10,000 CC THAT FOR GOODS VEHICLES WITH OVER 10,000 LITRES.
IS 200 LITRES AND CC CYLINDER CAPACITY, 300
NEW REGULATIONS WERE A SPOKESMAN FOR THE DEPARTMENT SAID THE
VEHICLES DESIGNED TO PUT AN END TO AN ABUSE BY SOME DRIVERS OF GOODS
OF DUTY-FREE FUEL FROM WHO BROUGHT IN LARGE QUANTITIES RESALE IN HONG KONG.
CHINA
AT PRESENT, FUEL IN WHATEVER QUANTITY IN THE FUEL TANKS OF VEHICLES ARRIVING FROM CHINA IS EXEMPT FROM DUTY.
FOR
ANY
KONG IS SUBSTANTIALLY
GOODS ENLARGED
"AS THE RETAIL PRICE OF DIESEL IN HONG HIGHER THAN THAT IN CHINA, SOME CROSS-BORDER PARTICULARLY DUMP TRUCKS, HAVE BEEN FITTED WITH SO AS TO BRING IN LARGE QUANTITIES OF DUTY-FREE DIESEL FOR HONG KONG, THE SPOKESMAN SAID.
VEHICLES,
FUEL TANKS RESALE IN
IT IS ESTIMATED THAT REVENUE LOSS MILLION A YEAR.
TO THE GOVERNMENT
IS
$72
THE
SPOKESMAN SAID WHEN SETTING
RATE THE
OF DUTY-FREE THE RESULTS OF A CONCESSION, THE GOVERNMENT HAD TAKEN INTO ACCOUNT SURVEY TO ASCERTAIN THE USUAL FUEL TANK CAPACITY OF GOODS VEHICLES.
"FUEL IN THE NORMAL-SIZE FUEL CONTINUE TO BE EXEMPT FROM DUTY AS EXCEED THE DUTY-FREE CONCESSION.
TANKS OF GOODS VEHICLES WILL THE QUANTITY OF FUEL WILL NOT
IN THAT VEHICLE ONLY. BE PROSECUTED, THE
"THE FUEL EXEMPT FROM DUTY IS FOR USE ANYONE FOUND TO SELL SUCH FUEL IN HONG KONG MAY SPOKESMAN SAID.
LEAFLETS EXPLAINING THE NEW MEASURES ARE BEING DRIVERS OF GOODS VEHICLES AT CUSTOMS CONTROL POINTS SHA TAU KOK AND LOK MA CHAU.
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DISTRIBUTED to. AT MAN KAM TO,
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