Import Duties (Imperial Preference) Regulations, 1957
| Jurisdiction | UK Non-devolved |
1957 No. 1472
COMMONWEALTH TRADE
The Import Duties (Imperial Preference) Regulations, 195713thAugust 1957
19thAugust 1957
1stSeptember 1957
The Board of Trade in pursuance of the powers conferred upon them by section 8 of the Finance Act, 1919(a) (as amended by section 15 of the Finance Act, 1933(b)), and the Fifth Schedule to the Finance Act, 1933, hereby make the following Regulations:—
Empire content
1.—(1) For the purposes of the said section 8 and of the said Fifth Schedule, (which relate to the importation, either free from duty or at preferential rates, of goods grown, produced or manufactured in the British Empire or in a country or territory in the British Empire, and provide in
(a) 9 & 10 Geo. 5. c. 32.
particular for prescribing the circumstances in which goods may be regarded as manufactured in the British Empire or in such country or territory) goods shall not be deemed to be manufactured in the British Empire or, as the case may be, in any country or territory in the British Empire, unless at least the appropriate proportion, as defined in these Regulations, of their value is derived from expenditure of a kind hereinafter prescribed which has been incurred in a relevant country or territory.
(2) Subject to the following provisions of these Regulations, the appropriate proportion, for the purposes of duties chargeable on any goods either as such or in respect of an article contained in them as a part or ingredient, shall be as follows:—
(a) in the case of goods falling within a class or description
of goods set out in Part I of the Schedule to these
Regulations … … … … … … … 75 per cent
(b) in the case of goods not falling within any such class
or description but falling within a class or description
of goods set out in Part II of the said Schedule … 50 per cent
(c) in the case of any other goods … … … … 25 per cent
Value
2.—(1) For the purposes of these Regulations the value of manufactured goods shall be deemed to be their cost to the manufacturer at the factory or works and shall include the following items:—
(a) the cost to the manufacturer of materials as received into the factory, not including any customs or excise duty or any other duty or tax payable in respect of such materials which is subsequently refunded on the exportation of the finished goods;
(b) manufacturing wages;
(c) factory overhead expenses, that is to say, expenses in respect of—
(i) rent, rates and taxes, motive power, electricity, gas, fuel, water, lighting and heating of factory;
(ii) factory supervision, including salaries and wages of managers, foremen, timekeepers, watchmen and other similar officers and servants of the manufacturer;
(iii) repairs and renewals of plant, machinery, tools and factory buildings;
(iv) depreciation of plant, machinery and tools;
(v) interest on capital outlay on factory land and buildings;
(vi) interest on depreciated value of plant, machinery and tools;
(d) the cost to the manufacturer of containers or other forms of interior packing ordinarily sold with the goods when they are sold retail.
(2) In computing the value as aforesaid, the following items shall not be included:—
(a) cost of exterior packing;
(b) manufacturer's or exporter's profit or the profit or remuneration of any trader, broker or other person dealing in the goods in their finished manufactured condition;
(c) royalties;
(d) cost of carriage and insurance from the place of manufacture to the port or place of shipment;
(e) any other charges incurred after the manufacture of the goods.
Prescribed Expenditure
3. The prescribed expenditure shall be—
(a) the cost to the manufacturer of any materials grown or produced in a relevant country or territory entering into the composition of the goods and of the interior packing thereof but not including any customs or excise duty or any other duty or tax payable in respect of such materials which is subsequently refunded on the exportation of the finished goods; and
(b) manufacturing wages, and factory overhead expenses as defined in Regulation 2 (1) (c) hereof.
Sugar and tobacco
4. Where duty in respect of refined sugar, molasses and extracts from sugar, and manufactured tobacco, being goods manufactured in the British Empire from material which is not wholly grown or produced in the Empire, is to be charged at a preferential rate only in respect of such proportion of those goods as corresponds to the proportion of dutiable material used in their manufacture which is shown to have been grown or produced in the Empire, the appropriate proportion for the purposes of paragraph...
To continue reading
Request your trial