cover image: Report of the Indian Tariff Board on the Sewing Machine Industry

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Report of the Indian Tariff Board on the Sewing Machine Industry

1947

In making its recommendations the Board will give due weight to the interests of the consumer in the light of the prevailing conditions and also consider how the recommendations affect industries using the articles in respect of which protection is to be granted. [...] (1) Economic unit.—In estimating the cost of production and fair selling price of sewing machines for the purpose of determining Board's estimate of cost the extent of protection necessary for the domestic of production and fair industry it is important to fix the size or productive selling price. [...] With the help of the Board's Technical Adviser and in consultation with the technician and the manager of the firm the Cost Accounts Officer built up the production cost for the year 1945-46 and prepared an estimate of cost of prodution for the years 1946-47 1947-48 and 1948-49. [...] Due to the peculiar circumstances of the case it appears to us that there is a degree of artificiality about the c.i.f prices in that they do not fully indicate the extent of competition and that the measure of protection necessary for the indigenous industry should also be judged by a comparison between the retail selling prices of the imported and indigenous13 articles. [...] In order to encourage expansion of the industry we recommend that the import duty on machinery required for the industry should be refunded with retrospective effect from the 4th May 1946 which is the date of the reference of the case to the Board.
commerce industry
Pages
29
Published in
India
SARF Document ID
sarf.100215
Segment Pages Author Actions
Cover
i-i unknown view
Frontmatter
i-iii unknown view
Report on the Sewing Machine Industry
1-18 unknown view
Appendices
19-25 unknown view

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