FINANCE ACT, 1947 (1947_act_15) | IE

ISB Act 1947-07-09

Schedule 1 FINANCE ACT, 1947 Open official source

FIRST SCHEDULE. Certain Customs Duties.

Certain Customs Duties.

Section 5.

Ref. No.

Description of article liable to duty

Rate of duty

Special provisions

1

Any article (being a calendar or almanac) which consists wholly or mainly of, or incorporates as a main feature, either— (a) a mounting made wholly of cardboard to which is affixed a number of sheets or slips of paper or cardboard, whether in the form of a block or pad or otherwise, which have printed thereon successive dates or groups of dates in a particular year, or are suitable for indicating the dates in any year, or (b) a sheet of paper or cardboard or sheets of such materials, on which are printed successive dates or groups of dates in a particular year, but excluding any article chargeable with the duty imposed by section 7 of the Finance Act, 1936 (No. 31 of 1936) and mentioned at reference number 20 in the First Schedule to that Act.

Any article (being a calendar or almanac) which consists wholly or mainly of, or incorporates as a main feature, either—

(a) a mounting made wholly of cardboard to which is affixed a number of sheets or slips of paper or cardboard, whether in the form of a block or pad or otherwise, which have printed thereon successive dates or groups of dates in a particular year, or are suitable for indicating the dates in any year, or

(b) a sheet of paper or cardboard or sheets of such materials, on which are printed successive dates or groups of dates in a particular year,

but excluding any article chargeable with the duty imposed by section 7 of the Finance Act, 1936 (No. 31 of 1936) and mentioned at reference number 20 in the First Schedule to that Act.

50%

The word “cardboard” where it occurs in the second column at this reference number, includes pasteboard, strawboard, millboard or other similar material. The duty mentioned at this reference number is in lieu of all other duties which may be chargeable on the article. The provisions of section 8 of the Finance Act, 1919, apply to the duty mentioned at this reference number with the substitution of the expression “the area of application of the Acts of the Oireachtas” for the expression “Great Britain and Ireland” and as though the articles chargeable with the said duty were mentioned in the Second Schedule to the said Act in the list of goods to which fifty per cent. of the full rate is made applicable as a preferential rate. The licensing provision applies to the duty mentioned at this reference number.

The word “cardboard” where it occurs in the second column at this reference number, includes pasteboard, strawboard, millboard or other similar material.

The duty mentioned at this reference number is in lieu of all other duties which may be chargeable on the article.

The provisions of section 8 of the Finance Act, 1919, apply to the duty mentioned at this reference number with the substitution of the expression “the area of application of the Acts of the Oireachtas” for the expression “Great Britain and Ireland” and as though the articles chargeable with the said duty were mentioned in the Second Schedule to the said Act in the list of goods to which fifty per cent. of the full rate is made applicable as a preferential rate.

The licensing provision applies to the duty mentioned at this reference number.

2

1. Articles which— (a) are, in the opinion of the Revenue Commissioners, statues, statuettes or busts, and (b) are, in the opinion aforesaid, made wholly or mainly of plaster of paris or papier maché, or a combination of plaster of paris and papier maché, and (c) are not less than ten inches in height. 2. Articles which— (a) are, in the opinion of the Revenue Commissioners, figures, shapes or stands suitable for use in displaying articles for sale, and (b) are, in the opinion aforesaid, made wholly or mainly of plaster of paris or papier maché, or a combination of plaster of paris and papier maché.

1. Articles which—

(a) are, in the opinion of the Revenue Commissioners, statues, statuettes or busts, and

(b) are, in the opinion aforesaid, made wholly or mainly of plaster of paris or papier maché, or a combination of plaster of paris and papier maché, and

(c) are not less than ten inches in height.

2. Articles which—

(a) are, in the opinion of the Revenue Commissioners, figures, shapes or stands suitable for use in displaying articles for sale, and

(b) are, in the opinion aforesaid, made wholly or mainly of plaster of paris or papier maché, or a combination of plaster of paris and papier maché.

On articles mentioned in paragraph 1 in the second column— 75%; on all other articles mentioned in the second column— 50%

The provisions of section 8 of the Finance Act, 1919, apply to the duty mentioned at this reference number. The licensing provision applies to the duty mentioned at this reference number.

The provisions of section 8 of the Finance Act, 1919, apply to the duty mentioned at this reference number.

The licensing provision applies to the duty mentioned at this reference number.

3

(a) Stone (other than slate or marble) which has been dressed, polished, carved or otherwise worked but excluding stone which, at the time of importation, is sawn on not more than two surfaces and also excluding crushed stone;

100%

The duty mentioned at this reference number shall not be charged on any articles which are shown to the satisfaction of the Revenue Commissioners to be coving stones, ganister bricks, lithographic stones or stone fireplaces and to have been manufactured in the United Kingdom of Great Britain and Northern Ireland (including the Channel Islands and the Isle of Man) or in the Dominion of Canada.

(b) marble, whether worked or unworked;

(c) articles made of stone (other than slate);

(d) marble chippings and mixed chippings of marble and other stone, excluding any such chippings which are imported as part of another article.

The provisions of section 8 of the Finance Act, 1919, shall apply to the duty mentioned at this reference number.

The licensing provision applies to the duty mentioned at this reference number.

ISB Act 1947-07-09

Schedule 2 FINANCE ACT, 1947 Open official source

SECOND SCHEDULE. Duties on Tobacco.

Duties on Tobacco.

Section 6.

PART I.

Customs.

£

s.

d.

Unmanufactured:—

If Stripped or Stemmed:—

Containing 10 lbs. or more of moisture in every

100 lbs. weight thereof

the lb.

1

3

10

Containing less than 10 lbs. of moisture in every

100 lbs. weight thereof

”

1

6

If Unstripped or Unstemmed:—

Containing 10 lbs. or more of moisture in every

100 lbs. weight thereof

”

1

3

10

Containing less than 10 lbs. of moisture in every

100 lbs. weight thereof

”

1

6

Full

Preferential

£

s.

d.

£

s.

d.

Manufactured, viz.:—

Cigars

the lb.

1

18

0

1

11

8

Cigarettes

”

1

16

7

1

10

5

Cavendish or Negrohead

”

1

14

11

1

9

1

Cavendish or Negrohead Manufactured in Bond

”

1

10

3

1

5

2

Other Manufactured Tobacco

”

1

10

3

1

5

2

Snuff containing more than 13 lbs. of moisture in every 100 lbs. weight thereof

”

1

8

9

1

3

11

Snuff not containing more than 13 lbs. of moisture in every 100 lbs. weight thereof

”

1

14

11

1

9

1

PART II.

Excise.

£

s.

d.

Unmanufactured, viz.:—

Containing 10 lbs. or more of moisture in every

100 lbs. weight thereof

the lb.

1

2

9

Containing less than 10 lbs. of moisture in every

100 lbs. weight thereof

”

1

5

3

Manufactured, viz.:—

Cavendish or Negrohead Manufactured in Bond

”

1

9

6

ISB Act 1947-07-09

Schedule 3 FINANCE ACT, 1947 Open official source

THIRD SCHEDULE. Amendments of Certain Finance Acts.

Amendments of Certain Finance Acts.

Section 7.

PART I.

The Finance Act, 1932 (No. 20 of 1932).

Ref. No.

Section or Schedule and reference number amended.

Nature of amendment.

General subject matter of amendment.

Operative date of amendment.

1

Section 22.

Paragraph (c) of subsection (7) shall be deleted and the following paragraph substituted, that is to say:—

The duty on packages.

The 8th day of May, 1947.

“(c) (i) toilet preparations which are, in the opinion of the Revenue Commissioners, of a kind ordinarily used on, or in relation to, the human skin, hair, nails, teeth (including artificial teeth) or mouth, but excluding essential oils, fuller's earth, petroleum jelly, hair dyes, soaps, soap powders and soap substitutes,

(ii) perfumery, excluding perfumed spirits and essential oils; and”

2

First Schedule, reference number 4.

In the second column at the said reference number 4, the words “building construction” shall be deleted and the words “building or construction” substituted.

The duty on iron and steel manufactures, constructional, fabricated.

The 8th day of May, 1947.

3

First Schedule, reference number 8.

In the fourth column at the said reference number 8, the following paragraph shall be inserted— “The duty imposed by section 11 of the Finance Act, 1935 (No. 28 of 1935), and mentioned at reference number 1 in the Second Schedule to that Act shall not be charged or levied on any article on which the duty mentioned at this reference number is chargeable.”

In the fourth column at the said reference number 8, the following paragraph shall be inserted—

“The duty imposed by section 11 of the Finance Act, 1935 (No. 28 of 1935), and mentioned at reference number 1 in the Second Schedule to that Act shall not be charged or levied on any article on which the duty mentioned at this reference number is chargeable.”

The duty on putty, paints and distempers.

The date of passing of this Act.

4

First Schedule, reference number 16.

In the second column at the said reference number 16, paragraph (d) shall be deleted and the following paragraph substituted, that is to say:—

The duty on stationery.

The 8th day of May, 1947.

“(d) labels and tags which, in the opinion of the Revenue Commissioners, are made wholly or mainly of—

(i) paper, or

(ii) cardboard, pasteboard, strawboard, millboard, or similar material, or

(iii) two or more of any of the materials mentioned at (i) and (ii) above,

and which are imported in bulk quantities;”

PART II.

The Finance Act, 1935 (No. 28 of 1935).

Ref. No.

Schedule and reference number

Nature of amendment.

General subject matter of amendment.

Operative date of amendment.

5

First Schedule, reference number 11.

In the fourth column at the said reference number 11, the following paragraph shall be inserted— “The duty imposed by section 5 of the Finance Act, 1937 (No. 18 of 1937), and mentioned at reference number 8 in the First Schedule to that Act, as amended by the Emergency Imposition of Duties (No. 157) Order, 1938 (S.R. & O., No. 240 of 1938), shall not be charged or levied on any article on which the duty mentioned at this reference number is chargeable.”

The duty on roofing tiles.

The date of passing of this Act.

6

Second Schedule, reference number 1.

The duty imposed by section 11 of the Finance Act, 1932 (No. 20 of 1932) and mentioned at reference number 8 in the First Schedule to that Act, as amended by section 27 of the Finance Act, 1935 (No. 28 of 1935), and mentioned at reference number 4 in Part II of the Eighth Schedule to that Act, shall not be charged or levied on any article on which the duty mentioned at the said reference number 1 is chargeable.

The duty on asphalt, etc.

The date of the passing of this Act.

PART III.

The Finance Act, 1936 (No, 31 of 1936).

Ref. No.

Schedule and reference number

Nature of amendment.

General subject matter of amendment.

Operative date of amendment.

7

First Schedule, reference number 30.

In the second column at the said reference number 30, the words “nine-pence” shall be deleted and the words “fifteen pence” substituted.

The duty on toys

The date of the passing of this Act.

8

First Schedule, reference number 40.

In the second column at the said reference number 40, there shall be added after the words “substantially assembled” the words “but excluding articles and appliances which, in the opinion of the Revenue Commissioners, are oxyacetylene welding and cutting blowpipes.”

The duty on gas combustion appliances.

The date of the passing of this Act.

PART IV.

The Finance Act, 1937 (No. 18 of 1937).

Ref. No.

Schedule and reference number

Nature of amendment.

General subject matter of amendment.

Operative date of amendment.

9

First Schedule, reference number 8.

In the fourth column at the said reference number 8, the following paragraph shall be inserted— “The duty imposed by section 10 of the Finance Act, 1935 (No. 28 of 1935), and mentioned at reference number 11 in the First Schedule to that Act shall not be charged or levied on any article on which the duty mentioned at this reference number is chargeable.”

In the fourth column at the said reference number 8, the following paragraph shall be inserted—

“The duty imposed by section 10 of the Finance Act, 1935 (No. 28 of 1935), and mentioned at reference number 11 in the First Schedule to that Act shall not be charged or levied on any article on which the duty mentioned at this reference number is chargeable.”

The duty on draining boards and certain other articles made of asbestos.

The date of the passing of this Act.

ISB Act 1947-07-09

Schedule 4 FINANCE ACT, 1947 Open official source

FOURTH SCHEDULE. Customs Duties Terminated.

Customs Duties Terminated.

Section 8.

Ref. No.

Enactment imposing the duty

Particulars of the Duty

General description of the duty

Date of termination of the duty

1

The Finance Act, 1932 (No. 20 of 1932), section 13 and reference number 6 in the Second Schedule, as amended by the Emergency Imposition of Duties (No. 223) Order, 1941 (S.R. & O., No. 464 of 1941).

The duty mentioned at the said reference number 6 as amended by the said Order.

The duty on novels printed in the English language.

The date of the passing of this Act.

2

The Finance Act, 1933 (No. 15 of 1933), section 4 and reference number 8 in Part I of the First Schedule, as amended by the Emergency Imposition of Duties (No. 41) Order, 1934 (S.R. & O., No. 164 of 1934), and the Emergency Imposition of Duties (No. 223) Order, 1941 (S.R. & O., No. 464 of 1941).

The said duty mentioned at the said reference number 8 as amended by the said Orders.

The duty on statues, statuettes and busts.

The 8th day of May, 1947.

3

The Finance Act, 1935 (No. 28 of 1935), section 10 and reference number 22 in the First Schedule.

The said duty mentioned at the said reference number 22.

The duty on monumental, architectural or building stone and marble.

The 8th day of May, 1947.

ISB Act 1947-07-09

Schedule 5 FINANCE ACT, 1947 Open official source

FIFTH SCHEDULE. Rules for ascertaining, in relation to each class of trading stock held for the purposes of a trade or business on the 31st day of december, 1946, the sum realised by sales of trading stock of that class during the sales period.

Rules for ascertaining, in relation to each class of trading stock held for the purposes of a trade or business on the 31st day of december, 1946, the sum realised by sales of trading stock of that class during the sales period.

Section 16.

1. References in this Schedule to trading stock of a particular class shall be construed as including references to all trading stock of that class in whatever stage of manufacture.

2. There shall be ascertained, in relation to each particular class of trading stock held for the purposes of the trade or business on the 31st day of December, 1946, the sum realised by sales of trading stock of that class during the sales period, and for this purpose the following provisions shall have effect:—

(1) where any stock of that class is sold at a price lower than that which it would have fetched if sold in the open market, it shall be treated as if it had been sold at the price which it would have fetched if sold in the open market,

(2) subject to sub-rule (3) of this Rule, account shall be taken of all stock of that class sold during the sales period,

(3) where the quantity of trading stock of that class sold during the sales period exceeds the quantity of trading stock of that class held on the 31st day of December, 1946, no account shall be taken of any sales of trading stock of that class effected during the sales period after the time when the quantity of trading stock of that class so sold equals the quantity of trading stock of that class held on the 31st day of December, 1946,

(4) where the quantity of trading stock of that class sold during the sales period is less than the quantity of trading stock of that class held on the 31st day of December, 1946—

(a) (i) a quantity of trading stock of that class equal in quantity to the difference shall be deemed to have been sold on the last day of the sales period at the price which it would have fetched if it had been sold in the open market on the said last day,

(ii) if the trading stock of that class held on the last day of the sales period is not all at the same stage of manufacture, then the stock, deemed under sub-paragraph (i) of this paragraph, to have been sold on the said last day, shall be the stock held on the said last day which is at the most advanced stage of manufacture;

(b) if the trading stock of that class held on the 31st day of December, 1946, consists of stock in different stages of manufacture, the quantity of stock of that class sold during the sales period shall be deemed to consist of that part of the stock of that class which on the 31st day of December, 1946, was completely or most nearly completely manufactured.

3. Where trading stock of any particular class sold or treated as sold which is taken into account for the purposes of Rule 2 of this Schedule has passed through a further process of manufacture than that undergone by the trading stock of that class held on the 31st day of December, 1946, the sum realised or treated as realised by sales of trading stock of that class as ascertained under the said Rule 2 shall be reduced to a sum which bears to such first-mentioned sum the same proportion as the aggregate of the cost or replacement cost, whichever is the lower, of each of the several items comprising that class and held on the 31st day of December, 1946, bears to the amount of that aggregate increased by the cost involved in the further process of manufacture.

FINANCE ACT, 1947

Statutory Text (5 Articles)

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