G.F. 316
116.
SECRET CLASSIFIED
My second proposal is to increase the duties levied on non-European type wines and spirits. The basic rates for these were last raised in 1983 (55). They were excluded in 1984 when an ad valorem system of duty was introduced. I propose to raise the basic duty rates from $317 and $292 a hectolitre for imported and local spirits respectively to a unified basic rate of $400. In respect of non-European type wines, I propose to raise the basic duty rates from $628 and $584, imported and local respectively, to $780 (56). These increases are again
effective from this afternoon. I estimate that the net
(55) 1983 B.S. paragraph 92 and Appendix D .
(56) The detailed increases will be -
Old
rate
New
rate
% increase in basic rate
$/hL
$/hL
Non-European type spirits*
of Hong Kong origin
292
400
37
Non-European type spirits*
of other origin
317
400
26
Non-European type wines of
Hong Kong origin
584
780
34
Non-European type wines of
other origin
628
780
24
Non-European type wines or
spirits of Hong Kong
origin where the alcoholic
strength by volume exceeds
30%, for every 1% in excess an additional
12
13.30**
11
Non-European type wines or
spirits of other origin
where the alcoholic strength
by volume exceeds 30%, for every 1% in excess an additional
13
13.30**
2
*
**
includes Chinese type spirits, Sake and Arrack.
The proposed increase takes account of an historical anomaly in the rate and will ensure that the alcoholic content, whatever it may be, of these wines or spirits will attract, proportionally, the same element of duty.
UNCLASSIFIED
SECRET 高度機密
No comments yet.
Private notes are available after approval.