Clause 187 - Repeal of drawback on British compounds and spirits of wine

Part of Finance Bill – in a Public Bill Committee at 6:30 pm on 19 June 2012.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Conservative, North East Somerset 6:30, 19 June 2012

I accept that for export it is not a problem. It is merely a problem for people who warehouse off-site and move to a third-party warehouse, which will then impose an extra cash-flow cost.