Arthur v. Goddard
Supreme Court of the United States
Error to the Circuit Court of the United Statés for the Southern District of New York. In 1874, Goddard & Brother imported certain goods, of which the invoice, after giving the details of weight, &c., was as follows, viz,:— Bought................Fr’s 8,670.25 Discount for cash on gross amount, two per cent,- 8,766.60 175.30 Fr’s 8,494.95 Terms cash. If not paid, interest to be added at the rate of six per cent.
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Error to the Circuit Court of the United Statés for the Southern District of New York. In 1874, Goddard & Brother imported certain goods, of which the invoice, after giving the details of weight, &c., was as follows, viz,:— Bought................Fr’s 8,670.25 Discount for cash on gross amount, two per cent,- 8,766.60 175.30 Fr’s 8,494.95 Terms cash. If not paid, interest to be added at the rate of six per cent. The importers entered the goods at the net price stated in the invoice, — francs, 8,494.95, — and declared on the entry as follows : “ Cash not paid on these goods, but are passed to…
1Opinion of the CourtJustice Hunt
The appraisers seem to have acted under the provision of the seventh section of the act of March 3, 1865 (13 Stat. 494), which declares “ that the duty shall not be assessed upon any amount less than the invoice or entered value.”
' The actual value has been stated at 8,494.95 francs, and such ' was also the “ invoice value.” The entered or invoiced value ' spoken of in the statute means the value as it is stated in or upon the invoice. That value was, francs, 8,494.95. The value means the cash value.' The price at thirty days’ credit might be different, and. the difference would probably be…
2Cases cited1 opinion
- Ballard v. ThomasSupreme Court of the United States · 1857
3Cited by8 opinions
- Anchor Line (Henderson Bros.), Ltd. v. JacksonCourt of Appeals for the Second Circuit · 1925
- United States v. Alfred Kohlberg, Inc.United States Customs Court · 1939
- Lewisohn Importing & Trading Co. v. United StatesCourt of Customs and Patent Appeals · 1914
- International Harvest Hat Co. v. United StatesUnited States Customs Court · 1940
- J. V. Lane & Co. v. American-Hawaiian S. S. Co.Court of Appeals for the Second Circuit · 1936
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