90.11. In the case of a motor vehicle imported from outside Canada, the value used for calculating the additional duty payable to obtain registration of the vehicle and the right to operate it shall be the amount of the value determined by the Federal Minister of Revenue in addition to excise duties applicable.
If no value is determined by the Minister, the value used shall be the retail price suggested by the manufacturer if the vehicle is new or, if it is used, the average wholesale price from which $500 is subtracted.