Midland Industrial Co. v. United States

Rao, Chief Judge:

The appeal for reappraisement listed above is brought to ascertain the proper dutiable value of certain imported steel sheets which were shipped from South Africa on or about December 28, 1959, and consigned to the plaintiff in New York. The merchandise was appraised at $7.0325 per hundred pounds, less ocean freight and insurance, on the basis of export value, as that value is defined in section 402(b) of the Tariff Act of 1930, as amended by the Customs Simplification Act of 1956.

Both parties agree that export value, as defined and amended, sufra, is the proper basis of…