Case: James Loudon & Co., Inc. v. United States
Abbreviation: James Loudon & Co. v. United States
Decision Date: 1955-05-26
Docket Number: Reap. Dec. 8440; Entry No. DE 6211
Citation: 34 Cust. Ct. 510
Volume: 34
Reporter: United States Customs Court Reports
Court: United States Customs Court
Jurisdiction: United States
Parties: James Loudon & Co., Inc. v. United States
Judges: 
Pages: 510–511

Head Matter:
(Reap. Dec. 8440)
Entry No. DE 6211.
James Loudon & Co., Inc. v. United States
(Decided May 26, 1955)
Lawrence & Tuttle for the plaintiff.
Warren E. Burger, Assistant Attorney General, for the defendant.

Opinion:
Olivee, Chief Judge:
This appeal for reappraisement has been submitted for decision upon the following stipulation of counsel for the parties hereto:
It is hereby stipulated as follows concerning the merchandise referred to below:
1) The merchandise covered by this appeal consists of fuses imported from Switzerland.
2) At the time of exportation no foreign value, export value, nor United States value existed for such or similar merchandise, and the cost of production thereof was 87.93 Swiss francs per thousand pieces, said cost being comprised of the following:
a) Material and fabrication_65. 14
b) Usual general expenses_14. 83
c) Packing_ . 22
d) Profit_ 7. 74
87. 93
3)Upon this stipulation the appeal may be deemed to be submitted, and to be abandoned as to all other merchandise.
On the agreed facts I find the cost of production, as that value is defined in section 402 (f) of the Tariff Act of 1930, to be the proper basis for the determination of the value of the fuses here involved, and that such value was 87.93 Swiss francs per thousand pieces.
The appeal having been abandoned insofar as it relates to all other merchandise, to that extent the appeal is dismissed.
Judgment will be entered accordingly.