Section 215 — Excise Tax Act: Value of goods

For the purposes of this Division, the value of goods shall be deemed to be equal to the total of the value of the goods, as it would be determined under the Customs Act for the purpose of calculating duties imposed on the goods at a percentage rate, whether the goods are in fact subject to duty, and the amount of all duties and taxes, if any, payable on the goods under the Customs Tariff , the Excise Act, 2001, the Special Import Measures Act , this Act (other than this Part) or any other law relating to customs. Notwithstanding subsection (1), for the purposes of this Division, the value of goods imported in prescribed circumstances shall be determined in prescribed manner. The value of goods that are being imported for the first time after having been processed (as defined in subsection 2(1) of the Value of Imported Goods (GST/HST) Regulations ) outside Canada shall be determined for the purposes of this Division without regard to section 13 of those Regulations if the value of the goods would, but for this subsection, be determined for the purposes of this Division under that section; and they are the same goods, in their processed state, as other goods, or incorporate, as a result of their processing, other goods, that were last imported in circumstances in which no tax was payable under this Division because of section 8.1 or 11 of Schedule VII.