                        TITLE 19--CUSTOMS DUTIES
 
              CHAPTER 3--THE TARIFF AND RELATED PROVISIONS
 
                   SUBTITLE IV--CUSTOMS ADMINISTRATION
 
                        Administrative Provisions
 
                           part 1--definitions
 
Sec. 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. Sec. 2904.)

                          Codification

    R.S. Sec. 2904 derived from act Mar. 2, 1861, ch. 68, Sec. 28, 12 
Stat. 197.
