Document ID: chunk:federal_register_of_legislation:C2025C00155:section:269tac:p1
Version: federal_register_of_legislation:C2025C00155
Segment Type: section
Provision Reference: s 269TAC (pt 1/6)
Character Range: 1788412–1790963

269TAC  Normal value of goods
 (1) Subject to this section, for the purposes of this Part, the normal value of any goods exported to Australia is the price paid or payable for like goods sold in the ordinary course of trade for home consumption in the country of export in sales that are arms length transactions by the exporter or, if like goods are not so sold by the exporter, by other sellers of like goods.
 (1A) For the purposes of subsection (1), the reference in that subsection to the price paid or payable for like goods is a reference to that price after deducting any amount that is determined by the Minister to be a reimbursement of the kind referred to in subsection 269TAA(1A) in respect of the sales.
 (2) Subject to this section, where the Minister:
 (a) is satisfied that:
 (i) because of the absence, or low volume, of sales of like goods in the market of the country of export that would be relevant for the purpose of determining a price under subsection (1); or
 (ii) because the situation in the market of the country of export is such that sales in that market are not suitable for use in determining a price under subsection (1);
  the normal value of goods exported to Australia cannot be ascertained under subsection (1); or
 (b) is satisfied, in a case where like goods are not sold in the ordinary course of trade for home consumption in the country of export in sales that are arms length transactions by the exporter, that it is not practicable to obtain, within a reasonable time, information in relation to sales by other sellers of like goods that would be relevant for the purpose of determining a price under subsection (1);
the normal value of the goods for the purposes of this Part is:
 (c) except where paragraph (d) applies, the sum of:
 (i) such amount as the Minister determines to be the cost of production or manufacture of the goods in the country of export; and
 (ii) on the assumption that the goods, instead of being exported, had been sold for home consumption in the ordinary course of trade in the country of export—such amounts as the Minister determines would be the administrative, selling and general costs associated with the sale and the profit on that sale; or
 (d) if the Minister directs that this paragraph applies—the price determined by the Minister to be the price paid or payable for like goods sold in the ordinary course of trade in arms length transactions for exportation from the country of export to a third country determined by the Minister to be an appropriate third country,