Page:United States Statutes at Large Volume 42 Part 1.djvu/977

 sixTY-snvr.N*r1~1 CONGRESS. sms. II. cH. ass. 1922. 949 (j) The term "United States" includes all Territories and posses- °"’*`°“*’m;*,§"¤’“¥'”·*· sions of the United States, except the Phili pine Islands, the Virgin ··u¤ited simsy Islands, and the islands of Guam and Tutuilii. Value. Sec. 402. VALUE.·—(&) For the purposes of this Act the value of AS“S°d*°'**¤P°'¤*· imported merchandise shall be— - il) The foreign value or the export value, whichever is higher; F°’°i€” °’ °‘P"*- (2) If neither the foreign value nor the export value can be ascer— Unim S'°°'¤°S· taiued to the satisfaction of the appraising officers, then the United ‘ States value; (3) If neither the foreign value, the export value, nor the United Cm °'P’°d“°**°¤· States value can be ascertained to the satisfaction of the appraising officers, then the cost of production; (4) If there be any similar competitive article manufactured or pr;`gem°’i°**¤ S~‘*“i¤8 produced in the United States of a class or kind upon which the ` resident has made public a finding as provided in subdivision (b) A'*"» P- 9*2- of section 315 of Title III of this Act, then the American selling price °f5$°i1fri°18` al f d h d hall b h k F **1 e orei v ue 0 importe merc an ise s e the mar et °‘°¥€¤" .“°· value or the pride at the tim; of exportation of such merchandise to teiiiiiiiiiiiemuoustodb the United States, at which such or similar merchandise is freely offered for sale to all purchasers in the principal markets of the country from which exported, in the usual wholesale quantities and in the ordinary course of trade, including the cost of all containers and coverings of whatever nature, and all other costs, charges, and expenses incident to placin the merchandise in condition, packed ready for shipment to the Ilnited States. (c) The export value of imported merchandise shall be the market §§,*’s‘§§h€§1,‘§fg,wd, value or the rice, at the time of exportation of such merchandise *¤¤’¤¤¤¤· to the Unitedp States, at which such or similar merchandise is freely offered for sale to all purchasers in the principal markets of the country from which exported, in the usual wholesale uantities and in the ordinary course of trade, for exportation to the lilnited States, plus, when not included in such price, the cost of all containers and coverings of whatever nature, and all other costs, charges, and expenses incident to placing the merchandise in condition, packed ready for shipment to the United States. If in the ordinary course of trade imported merchandise is ship ed to the United States to an agent of the seller, or to the seller’s Ibranch house, pursuant to an order or an agreement to purchase (whether placed or entered into in the United States or in the foreign country), for delivery to the purchaser in the United States, and if the title to such merchandise remains in the seller until such delivery, then such merchandise shall not be deemed to be freely offered for sale in the princi al markets of the country from which exported for exportation to the lilnited States, within the mea of this subdivision. (d) The United States value of imported merchandise shall be the §0‘;f§,?j,’,§·t’{f,°‘;s't§§ price at which such or similar imported merchandise is freely offered ¢¤¤¤i¤¤- or sale, packed ready for delivery, in the principal market of the United States to all purchasers, at the time of exportation of the imported merchandise, in the usual wholesale quantities and in the ordinary course of trade, with allowance made for duty, cost of transportation and insurance, and other necessary expenses from the place of' shipment to the lace of delivery, a commission not exceeding 6 per centum, if any liias been paid or contracted to be paid on goods secured otherwise than by_purchase, or profits not to exceed 8 per centum and a reasonable allowance for general expenses, not to exceed 8 per centum on urchased gloods. _ _ Cust { md _ (e) For the urpose ofp this title the cost of production of imported R,,m§,,§’C;u,§Yd°,°,{{‘ merchandise sliiall be the sum of- (1) The cost of materials of, and of fabrication, manipulation, or 8tQ•{_j?f),¤§_;§>*’ir=;*l$»°°°· other process employed in manufacturing or producing such or similar