Proposed new customs tariff

Bibliographic data

Monograph

Identifikator:: 1016540337

URN:: urn:nbn:de:zbw-retromon-79957

Document type:: Monograph

Title:: Proposed new customs tariff

Place of publication:: London

Publisher:: Printed under the authority of His Majesty's Stationery Office by Darling and Son, Limited

Year of publication:: 1914

Scope:: 1 Online-Ressource (IV, 110 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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1v PREFATORY NOTE. The following pages contain a translation of a Bill embodying a new Customs Tariff for Chile which is the outcome of the deliberations of a Commission consisting of certain members of the Chilean Chamber of Deputies appointed in 1909 to elaborate- a scheme for the reform of the existing Customs Tariff Law of the 23rd December, 1897. The proposed new Tariff, as framed by the Commission (with a few modifications which were introduced subsequently), has recently been approved by the Chamber, which, in passing the measure, also adopted a proposal that the new rates of duty to be established by the Tariff shall be subject to a surtax of 10 per cent. The proposed rates of duty shewn in this Return do not include this surtax. There is some doubt whether the Bill is likely to be passed by the Senate in its present form, though it may be approved by that body without the surtax of 10 per cent.; and, in any event, it is understood that some considerable time may elapse before the new Tariff Law takes definitive form and receives the sanction of both Houses of the Legislature. The new Tariff has been framed on a directly specific basis: the existing Tariff duties, except in a few instances, are also in effect specific though in form they are ad valorem, being levied on the basis of a percentage on official valuations assigned to the various classes of merchandise in the * Valuation Tariff,” which is a comprehensive list of goods classified under about 3,000 distinct headings. The existing rates of duty, shown in this Return (as far as possible) for purpose of comparison, have been computed from the percentage rates and official values established for the various articles, and they include the additional duties mentioned in the following paragraph. The Tariff Law of 1897 (which is the basis of the Tariff now in force) fixed specific rates of duty in respect of a limited number of classes of goods only (spirits, wines, beer, sugar, coffee, tea, tobacco, and a few other articles), and provided that other articles—except duty-free goods—should pay duty at the rate of 5, 15, 25, 35, or 60 per cent. on the valuations fixed by the “ Valuation Tariff.” By a Law which came into operation on the 15th April, 1912, an additional duty of 5 per cent. ad valorem was imposed on goods subject to percentage rates of duty, making the rates 10, 20, 30, 40 or 65 per cent. respectively ; a surcharge of 10 per cent. was imposed on the specific duties leviable under the Law of 1897, except on sugar and wheat flour ; and a duty of 5 per cent. was imposed, with certain exceptions, on goods which were free of duty under the Law of 1897. This last-named charge was to be permanent ; the other surcharges were imposed for a period originally intended to terminate on the 14th April, 1915, but afterwards extended for a further term of eighteen months. The duties are expressed in pesos of eighteen pence. The kilogramme is equivalent to 2:2046 pounds avoirdupois. Gro. J. STANLEY. Board of Trade, Commercial Department, June, 1914.

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