PUBLIC FINANCE AND TAXATION
Duty on light oils is 80 cents per gallon. For heavy oils the rates vary from $104 per ton for heavy diesel oil for road vehicles, to $24 per ton for furnace oil, and 10 cents per gallon for other kinds of heavy oils.
Duty is payable on toilet preparations and pro- prietary medicines at the rate of 25% of the f.o.b. price ex-shipping port for imported goods, and 25% of the selling price ex-factory for locally produced goods. Table waters attract duty at 48 cents per Imperial gallon.
No dues are levied on exports. Drawback is paid on duty-paid commodities manufactured locally if exported from the Colony. The number of general bonded and licensed warehouses is adequate.
43
No comments yet.
Private notes are available after approval.