Finance Act 1903
| Jurisdiction | UK Non-devolved |
| Citation | 1903 c. 8 |
| Year | 1903 |
Finance Act, 1903
(3 Edw. 7.) CHAPTER 8.
An Act to grant certain duties of Customs and Inland Revenue, to alter other duties, and to amend the Law relating to Customs and Inland Revenue and the National Debt, and to make other provisions for the financial arrangements of the year.
[30th June 1903]
Most Gracious Sovereign,
W E, Your Majesty's most dutiful and loyal subjects the Commons of the United Kingdom of Great Britain and Ireland in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties herein-after mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:
Part I.
Customs and Excise.
1 Duty on grain, &c. to cease.
(1) On the first day of July nineteen hundred and three, the duties on grain and other articles imposed by section one of the Finance Act, 1902 , and the drawbacks allowed under that section, shall cease and determine.
(2) On and after the first day of July nineteen hundred and three, the amount of the duties on glucose referred to in section six of the Finance Act, 1902, shall be the same as if that section had not been passed.
(3) The Commissioners of Customs shall have power, and shall be deemed to have had power as from the twenty-fourth day of April nineteen hundred and three, to remit any charge payable under the last paragraph but one in the schedule to the Customs Tariff Act, 1876 , on the delivery of any grain or any of the articles mentioned in the First Schedule to the Finance Act, 1902, from warehouse for home consumption, and they may return the amount of any such charge paid on or after that date.
(4) If any person proves to the satisfaction of the Commissioners of Customs that he had in his stock or possession at the close of the thirtieth day of June nineteen hundred and three:—
(a ) any grain or articles on which duty of an aggregate amount of not less than twenty-five pounds has been paid under section one of the Finance Act, 1902; or
(b ) any solid or liquid glucose on which an excess duty of an aggregate amount of not less than twenty-five pounds has been paid;
the Commissioners of Customs may remit and pay to that person the amount of the duty so paid, or, in the case of glucose, the amount of the excess duty.
For the purposes of this subsection duty shall be treated as having been paid on an article if it has been paid on any part, ingredient, or material of the article, and ‘excess duty’ means the additional sixpence per hundredweight payable under section six of the Finance Act, 1902.
A person shall not be entitled to any payment under this subsection unless he claims that payment in writing from the Commissioners of Customs before the fourteenth day of July nineteen hundred and three.
2 Duty on tea.
2. The duty of customs now payable on tea shall continue to be charged, levied, and paid, until the first day of August nineteen hundred and four, on the importation thereof into Great Britain or Ireland; that is to say—
Tea, the pound, sixpence.
3 Continuance of additional customs duty and drawbacks on tobacco, beer, and spirits.
3. The additional duties of customs on tobacco, beer, and spirits...
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