Finance Act, 1921
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Duty of sparkling wine. 53 & 54 Vict. c. 8. 9 & 10 Geo.5. c. 32. |
3.—(1) In lieu of the additional duty of Customs of five shillings per gallon and the further additional duty of Customs equal to thirty-three and one-third per cent. of the value of the wine payable on sparkling wine imported into Great Britain or Ireland, there shall, as from the tenth day of May, nineteen hundred and twenty-one, be charged, levied and paid on all sparkling wine imported into Great Britain or Ireland an additional duty of twelve shillings and sixpence per gallon. | |
(2) Subsection (2) of section eight of the Customs and Inland Revenue Act, 1890 (which provides that wine rendered sparkling in warehouse is to be deemed to be sparkling wine for the purpose of a certain duty of Customs imposed on sparkling wine), shall apply for the purpose of the duty imposed on sparkling wine by this section as it applied for the purpose of the duty mentioned in that subsection. | ||
(3) This section shall have effect subject to the provisions of section eight of the Finance Act, 1919 , and as though the additional duty imposed by this section were the additional duty on sparkling wine referred to in the Second Schedule to that Act. |