Document ID: chunk:federal_register_of_legislation:C2025C00155:section:154:p2
Version: federal_register_of_legislation:C2025C00155
Segment Type: section
Provision Reference: s 154 (pt 2/15)
Character Range: 1012991–1015595

a person other than a person related to a trader of the goods in respect of insurance in relation to the transportation of the goods on or after importation into Australia and a Collector is satisfied of the correctness of that amount—that amount;
 (b) if any amount was paid or is payable by a trader of the goods to a person related to a trader of the goods in respect of insurance of the kind referred to in paragraph (a) and a Collector:
 (i) is satisfied that the amount is the same, or substantially the same, as the amount that would be payable to a person not so related; and
 (ii) is satisfied of the correctness of that amount;
  that amount; or
 (c) if any amount was paid or is payable by a trader in respect of insurance of a kind referred to in paragraph (a) but a Collector is not satisfied as required by paragraph (a) or (b), whichever is applicable—such an amount as a Collector determines, having regard to the ordinary cost of the same kind of insurance to a trader in respect of the same class of goods as the imported goods, under the same conditions, where the insurer is not related to a trader of goods of that class;
or, if more than one of paragraphs (a), (b) and (c) is applicable to the goods, the sum of the amounts ascertained in accordance with the applicable paragraphs.
buying commission has the meaning given by section 155.
comparable goods, in relation to imported goods, means:
 (a) the imported goods;
 (b) identical goods; or
 (c) similar goods.
computed value, in relation to imported goods, has the meaning given by section 161F.
computed valued goods means exporter's goods:
 (a) whose owner has, before the payment of duty in respect of the goods (whether before or after any determination of a value of the goods) requested a Collector to take their customs value to be their computed value in preference to their deductive value; and
 (b) whose computed value can be determined by the Collector.
customs value, in relation to imported goods, has the meaning given by section 159.
deductible administrative costs, in relation to goods in a sale, means any costs that are payable on or after the importation of the goods into Australia in relation to the activities of, or services performed by, any local, State or Commonwealth public authorities or officers, any licensed Customs broker, or any other person in Australia, in connection with the importation and subsequent delivery of the goods.
deductible financing costs, in relation to goods in a sale, means any interest payable under a written contract, agreement or arrangement under which the purchaser