The price of the goods, used in determining the customs value, had a rebate, or other decrease which was not taken into account in determining the customs value [other than for Item 12, Clause 1 of Schedule 6)].
The goods are re-valued because of fault or defect in the goods, or because the goods did not conform to contract specifications given by the importer to the manufacture or supplier, which resulted in a rebate or decrease in the price which accrues to the importer and the rebate or decrease was not taken into account in determining the customs value of the goods.