Customs Act 1901

The computed value of imported goods is such part of the sum of the following amounts as a Collector considers should be apportioned to their production:

Australian arranged material costs;

Australian arranged subsidiary costs;

Australian arranged tooling costs;

Australian arranged work costs;

the value of all other goods used in their production and not included in paragraphs (a) to (d), inclusive;

the costs, charges and expenses incurred by their producer in relation to their production and not included in paragraphs (a) to (e), inclusive;

the profit and expenses (including all costs, direct or indirect, of marketing but not including costs and expenses included in paragraphs (a) to (f), inclusive) that are usually added to the sale for export to Australia of goods of the same class as the imported goods from the country of export of the imported goods, being a sale of goods by their producer to a purchaser who is not, at the time of sale, related to the producer;

packing costs for materials and labour incurred in respect of the goods (including, but without limiting the generality of the foregoing, costs of fumigating, cleaning, coating, wrapping or otherwise preparing the goods for their exportation from a foreign country or otherwise placing them in the condition in which they are imported into Australia but not including the costs of any exempted pallet or exempted container concerned in their exportation), being costs that are not included in paragraphs (a) to (g), inclusive;

foreign inland freight and foreign inland insurance that is usually added to a sale referred to in paragraph (g) and that is not included in paragraphs (a) to (h), inclusive.

In this section, Australian arrange material costs, Australian arranged subsidiary costs, Australian arranged tooling costs and Australian arranged work costs, in relation to imported goods, have the meanings that purchaser’s material costs, purchaser’s subsidiary costs, purchaser’s tooling costs and purchaser’s work costs respectively, would have, in relation to imported goods, if the references in the 4 last‑mentioned definitions to purchaser were references to a person in Australia.