Customs Act 1901

PART VIII - THE DUTIES  

Division 2 - Valuation of Imported Goods  

SECTION 161G  

161G   FALL-BACK VALUE  
The fall-back value of imported goods is such value as a Collector determines, having regard to the other methods of valuation under this Division in the order in which those methods would ordinarily be considered under section 159 and of such other matters as the Collector considers relevant, but not having regard to any of the following matters:

(a) the selling price in Australia of goods produced in Australia;

(b) any system that provides for the acceptance for the purposes of this Act of the higher of 2 alternative values;

(c) the price of goods on the domestic market of the country from which the imported goods were exported;

(d) the cost of production of goods, other than the computed value of identical goods or similar goods;

(e) the price of goods sold for export to a country other than Australia and not imported into Australia;

(f) any system that provides for minimum values for the purposes of this Act;

(g) arbitrary or fictitious values.