Finance Act, 1963

Charge of tax on imported goods.

64.—(1) Sections 48 to 63 of this Act shall not apply to tax provided for by paragraph (b) of subsection (1) of section 47 of this Act and that tax shall, subject to subsection (2) of this section, be charged on every article imported on or after the 1st day of November, 1963, at the rate of two and one-half per cent. of the value of the article.

(2) Tax as aforesaid shall not be charged on—

(a) live animals,

(b) earth, stone, gravel, sand or cement,

(c) seeds, fertilisers and animal feeding stuffs,

(d) an article mentioned in the Second Schedule to this Act imported as stock for his business by a registered person who is a dealer in such articles,

(e) an article, not being an article mentioned in the Second Schedule to this Act, imported—

(i) as stock for his business,

(ii) as materials for manufacture,

(iii) as furniture, fittings, office requisites, plant or equipment for his business,

by a registered person,

(f) any article which is declared by the Minister for Finance by order to be an article not chargeable with tax on being imported into the State.

(3) Subject to the foregoing provisions of this section, the provisions of the Customs Consolidation Act, 1876 , and the enactments amending that Act and other enactments relating to Customs shall apply to tax referred to in this section as if it were a duty of customs.

(4) The value of an article for the purposes of this section shall be the value as defined in section 15 of, and the Third Schedule to, the Finance Act, 1952 , increased by the amount of any customs duty payable thereon.