Esso Standard Oil Co. v. United States

JOHNSON, Judge:

The merchandise involved in these oases, consolidated at the trial, consists of crude oil imported from Venezuela in December 1956 and June 1957. It was assessed with internal revenue tax under section 4521 (formerly section 3422) of tlhe Internal Revenue Code, as modified by the trade agreement with Venezuela, T.D. 53107, at % cent or % cent per gallon, depending upon the A.P.I. gravity' of the shipment. Neither the collector’s classification of the merchandise as crude petroleum nor the rate of tax is challenged, but it is claimed that the tax was assessed on too great a…