International Expediters, Inc. ex rel. Winsor & Newton, Inc. v. United States

Mollison, Judge:

The correct basis of value of the merchandise-involved in this appeal for reappraisement has been conceded by both parties to be cost of production, as defined in section 402 (f) of the-Tariff Act of 1930 (19 U. S. C. § 1402 (f)), and the issue has been-limited to the addition for profit called for under item (4) of the said definition. For ready reference, section 402 (f), supra, is quoted in full in the margin.1

The case has been submitted for decision upon an agreed statement of facts as follows:

1. That the merchandise the subject of this appeal consists of artists’…