Regulation 27

In computing the normal value of any subject goods under section 15(2) of the Act, costs are normally to be calculated on the basis of records kept by the exporter or producer under investigation, provided that such records are in accordance with the generally accepted accounting principles of the exporting country and reasonably reflect the costs associated with the production and sale of the subject goods.

The Minister must consider all available evidence on the proper allocation of costs, including any evidence made available by the exporter or producer in the course of the investigation of allocations which have been historically utilised by the exporter or producer, in particular in relation to establishing appropriate amortization and depreciation periods and allowances for capital expenditures and other development costs.

Unless already reflected in the cost allocations under this regulation, costs are to be adjusted appropriately for those non‑recurring items of cost which benefit future or current production, or for circumstances in which costs during the period of investigation are affected by start-up operations.

The adjustment made for start-up operations must reflect the costs at the end of the start-up period or, if that period extends beyond the period of investigation, the most recent costs which can reasonably be taken into account by the Minister during the investigation.