SCHEDULE 3Levies

PART 4Horticulture

Maximum levy for horticultural products18

1

In the case of horticultural products the levy is based on the sales made during the accounting year of the grower that ended in the year ending 31st March, and the maximum levy is 0.6% of the adjusted sales figure.

2

The adjusted sales figure is—

£AS=W+ R2 -(P+T+B+Pr)

where—

  • £AS = the adjusted sales figure

  • W = wholesale sales

  • R = retail sales

  • P = the cost of packing materials

  • T = the cost incurred by the grower in transporting the materials or derivatives from his premises to his customer

  • B = the purchase cost of products that are bought in to be grown on and re-sold

  • Pr = the cost of the following processing procedures: canning, freezing, drying, juicing, or extracting or any similar process that substantially alters the raw product.