ENG-1990 — Page 474

APPENDIX 11

(Chapter 5: The Economy)

Revenue from Duties*

APPENDICES

$ Thousand

Actual

Actual

Estimate

1988-89

1989-90

1990-91

Duty on

Imported hydrocarbon oil

1,608,616

1,831,493

2,437,830

Imported intoxicating liquor

593,565

654,094

717,879

Imported liquor other than intoxicating liquor

5,180

3,452

3.454

Imported methyl alcohol

513

602

660

Imported tobacco

1,234,777

1,411,263

1,992,637

Locally manufactured liquor

300,603

295,869

301,560

Non-alcoholic beverages

199,161

203,914

211,812

Cosmetics

230,601

226,903

249,700

Total

4,173,016

4,627,591

5,915,532

- Note:

* These figures represent net revenue collected, i.e. after deducting refunds and drawbacks of duty.

Licence Fees under the Dutiable Commodities Ordinance #

Hydrocarbon oil

1,394

398

Liquor

5,853

1,798

Tobacco

1,400

437

Import and Export

1,251

1,481

Warehouse

199

180

Miscellaneous

1,211

501

52

Total

9,858

4,585

1,713

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

416

3,464

2,555

2,244

17,330

18,428

17,300

20,794

20,983

19,544