John H. Faunce, Inc. v. United States

Wilson, Judge:

These appeals for reappraisement concern the proper valuation of certain merchandise consisting of metal tool working machinery, commonly called engine lathes, and accessories imported from Frankfurt, Germany, by the Diamond Tool Co. of Los Angeles during the period from January 1951 to May 1952. The lathes were manufactured and exported by Meuser & Co. of Frankfurt, Germany. Twenty-four appeals were consolidated for trial and disposition in this matter.

The imported machines were appraised on the basis of foreign value, as defined in section 402(c) of the Tariff Act of 1930, as…