Pressman Toy Corp. v. United States

40 Cust. Ct. 695

Opinion

Oliver, Chief Judge:

This appeal for reappraisement relates to merchandise described on the invoice as “Plash Bulbs,” exported from Japan and entered at the port of New York.

Stipulated facts, upon which the case has been submitted, establish that the proper basis for appraisement of the merchandise in question is export value, as defined in section 402 (d) of the Tariff Act of 1930, and that such statutory value for the merchandise is the appraised value, less the amount of ocean freight to New York, as invoiced, and I so hold. Judgment will be rendered accordingly.