No. S 146
Customs Act
(Chapter 70)
Customs (Valuation) (Customs Duty) (Amendment) Regulations 2003
In exercise of the powers conferred by sections 22, 22A and 143(1) of the Customs Act, the Minister for Finance hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Customs (Valuation) (Customs Duty) (Amendment) Regulations 2003 and shall come into operation on 1st April 2003.
Amendment of title
2.  The title of the Customs (Valuation) (Customs Duty) Regulations (Rg 8) (referred to in these Regulations as the principal Regulations) is amended by deleting the words “(Customs Duty)”.
Amendment of regulation 1
3.  Regulation 1 of the principal Regulations is amended by deleting the words “(Customs Duty)”.
Amendment of regulation 3
4.  Regulation 3 (2) of the principal Regulations is amended —
(a)by deleting the word “or” at the end of sub-paragraph (b); and
(b)by deleting the full-stop at the end of sub-paragraph (c) and substituting the word “; or”, and by inserting immediately thereafter the following sub-paragraph:
(d)where sub-paragraphs (a), (b) and (c) do not apply, the price of identical goods or similar goods charged to —
(i)an unrelated buyer in the country of export;
(ii)an unrelated buyer in a country other than Singapore or the country of export; or
(iii)other related buyers in Singapore.”.
Miscellaneous amendments
5.  The principal Regulations are amended —
(a)by inserting, immediately after the words “customs duty” in the following provisions, the words “or excise duty”:
Regulations 3 (1), 10(1) and (2) and 12(1); and
(b)by inserting, immediately after the words “customs duties” in the following provisions, the words “, excise duties”:
Regulations 4(3)(c) and 7(6)(c).

Made this 31st day of March 2003.

LIM SIONG GUAN
Permanent Secretary,
Ministry of Finance,
Singapore.
[Customs (Conf) 0101/9 V 13; MF(R) 17.4.001 V17; AG/LEG/SL/70/2002/1 Vol. 2]
(To be presented to Parliament under section 143(2) of the Customs Act).