NTN Bearing Corp. of America v. United States

Newman, Judge:

These five consolidated appeals for reappraisement present the issue as to the proper dutiable value of certain “NTN” brand ball bearings exported from Japan by Mitsubishi Shoji Kaisha, Ltd. and Mitsui & Co., Ltd., during the period from April 30, 1961 to September 30,1963. The imported bearings were manufactured by The Toyo Bearing Manufacturing Co., Ltd. of Osaka, Japan.

The merchandise was appraised at various prices in yen on the basis of foreign value, as that term is defined in section 402a (c) of the Tariff Act of 1930, as amended by the Customs Simplification Act of 1956,…