Chapter CI. to amend the “Act reducing the Duty on Imports, and for other Purposes” passed July thirtieth, eighteen hundred and forty-six
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Chap. CI.— An Act to amend the “Act reducing the Duty on Imports, and for other Purposes” passed July thirtieth, eighteen hundred and forty-six. March 3, 1857. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the eighth section of the act approved July thirty, eighteen hundred and forty-six, and entitled “An1846, ch 74, § 8.Vol. ix. p. 43. act reducing the duty on imports, and for other purposes,” be amended as follows:
Sec. 2. *And be it further enacted*, That it shall be lawful for the owner, consignee, or agent of imports which have been actually purchased, orAdditions may be made to the value of goods in entries. procured otherwise than by purchase, on entry of the same, to make such addition in the entry to the cost or value given in the invoice as, in his opinion, may raise the same to the true market value of such imports in the principal markets of the country whence the importation shall have been made; and to add thereto all costs and charges which, under existing laws, would form part of the true value at the port where the same mayAdditional duty on goods entered ten per cent too low. be entered, upon which the duties should be assessed.
And it shall be the duty of the collector within whose district the same may be imported or entered, to cause the dutiable value of such imports to be appraised, estimated, and ascertained, in accordance with the provisions of existing laws; and if the appraised value thereof shall exceed, by ten per centum or more, the value so declared on the entry, then, in addition to the duties imposed by law on the same, there shall be levied, collected, and paid aDuty never to be assessed on less than invoice value. duty of twenty per centum ad valorem on such appraised value: *Provided, nevertheless*, That under no circumstances shall the duty be assessed upon an amount less than the invoice or entered value, any law of Congress to the contrary notwithstanding.
Approved, March 3, 1857.