Us Code § 240 - Value at date of shipment
Full text of Us Code United States Code § 240 — Value at date of shipment, with citation guidance and answers to common questions.
§ 240. Value at date of shipment
When the duty upon any imports shall be subject to be levied upon the true market value of such imports in the principal markets of the country from whence the importation has been made, or at the port of exportation, the duty shall be estimated and collected upon the value on the day of actual shipment, whenever a bill of lading shall be presented showing the date of shipment, and which shall be certified by a certificate of the United States consul or legally authorized deputy.
(R.S. §2904.)
Editorial Notes
Codification
R.S. §2904 derived from act Mar. 2, 1861, ch. 68, §28, 12 Stat. 197.
part 2—report, entry, and unlading of vessels and vehicles
About This Section
19 U.S.C. § 240 is part of Title 19 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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