Reliance Trading Corp. v. United States

Landis, Judge:

This appeal for reappraisement is limited to entry items described as artificial flowers (R. 2), exported from Hong Kong in July 1962. The parties, both in their rule 15 statements and again in their briefs, agree that export value, section 402(h) of the Tariff Act of 1930, as amended, 19 U.S.C., section 1401a, is the correct basis for valuing the artificial flowers. Section 402, as amended, defines export value as follows:(b) Expoet Value. — For the purposes of this section, the export value of imported merchandise shall be the price, at the time of ex-*778porfcation to the United…