Section 18

subject to paragraph (b), the value of the goods is the aggregate of the following:

the value of the goods determined in accordance with such method of valuation as may be prescribed pursuant to section 22 of the Customs Act 1960; and

so far as not already included in the value referred to in sub‑paragraph (i), all taxes, duties and other charges levied either outside or, by reason of importation, within Singapore (except goods and services tax);

subject to the Third Schedule, where goods from outside Singapore enter Singapore under customs control and one or more supplies of those goods involve —

the goods being removed from a place under such customs control; or

the goods being made available while under such customs control,the value of the goods is the aggregate of the following:

the value of the last of such supplies; and

so far as not already included in the value referred to in sub-paragraph (iii) —

all taxes, duties and other charges levied either outside or, by reason of importation, within Singapore (except goods and services tax); and

all costs by way of commission, packing, transport and insurance and all other costs, charges and expenses incidental to the sale and the delivery of the goods up to the port or place of importation.

as if they are dutiable goods; and

as if the reference to a licensed warehouse in section 3(2) of the Customs Act 1960 includes a warehouse or other place licensed under section 37(5)(b).