Section 273: Re-examination, redetermination and valuation

1 The Service may re-examine declarations and may re-determine the classification, valuation or the country of origin of the goods at any time within seven years after the lodgment of the goods declaration provided that a written notice to that effect shall be served on the declarant, stating reasons for the re-determination.

2 Where the Service does not make a re-determination within seven years under this section, the original determination of the classification, valuation or country of origin of the goods shall be final, except in cases where the original determination was arrived at on the basis of false evidence or negligence or fraudulent action on the part of any concerned person.

3 Subject to the provisions of this Act, re-determinations are not subject to review.