Atlas Trading Co. v. United States

Wilson, Judge:

This is a petition for remission of additional duties pursuant to the provision of section 489, Tariff Act of 1930, which duties accrued by reason of the undervaluation on entry of certain Chinese rugs imported from China and entered at the port of Los Angeles.

It appears that, at the time of importation of the involved goods, a question arose between the importer and the customs authorities relative to the valuation of the merchandise, involving as it did the application of a system of currency exchange regulations existent in China under the Japanese authorities called the link…