Title 19 — Customs Duties
Part III · Chapter 4 — Tariff Act of 1930
§ 1487. Value in entry; amendment
Statutory text
The importer of record or his agent may, under such regulations as the Secretary of the Treasury may prescribe, at the time entry is made, make in the entry such additions to or deductions from the cost or value given in the invoice as, in his opinion, may raise or lower the same to the value of such merchandise.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 71–497 · 46 Stat. 590
Enacted · 19 U.S.C. § 1487
June 17, 1930, ch. 497, title IV, § 487, 46 Stat. 725
Source evidence
Code source credit
June 17, 1930, ch. 497, title IV, § 487, 46 Stat. 725Pub. L. 97–446 title II § 201(e) · 96 Stat. 2329
Substituted · 19 U.S.C. § 1487
Pub. L. 97–446 substituted “importer of record” for “consignee” before “or his agent”
Source evidence
Code amendment note
Pub. L. 97–446 substituted “importer of record” for “consignee” before “or his agent”.Enacted provision · exact public law section
(e) Sections 485, 487, 494, and 505(a) of the Tariff Act of 1930 (19 U.S.C. 1485, 1487, 1494, and 1505(a)) are each amended by striking out “consignee” wherever it appears and inserting in lieu thereof “importer of record”.Effective date note
Amendment by Pub. L. 97–446 applicable with respect to merchandise entered on and after 30th day after Jan. 12, 1983, see section 201(g) of Pub. L. 97–446, set out as a note under section 1484 of this title.
1 of 2 references resolved to an enrolled provision · 1 partial
Editorial Notes
Prior Provisions
Provisions somewhat similar to those in this section were contained in act Oct. 3, 1913, ch. 16, § III, I, 38 Stat. 184, which were substituted for provisions made by the Customs Administrative Act of June 10, 1890, ch. 407, § 7, 26 Stat. 134, as amended by act July 24, 1897, ch. 11, § 32, 30 Stat. 211, and as further amended by the Payne-Aldrich Tariff Act of Aug. 5, 1909, ch. 6, § 28, 36 Stat. 95. Section III of the act of 1913 was superseded by act Sept. 21, 1922, ch. 356, title IV, § 487, 42 Stat. 962, and was repealed by section 643 thereof. Section 487 of the 1922 act was superseded by section 487 of act , comprising this section, and repealed by section 651(a)(1) of the 1930 act.
Provisions for addition to the invoice values made by R.S. § 2900, were repealed by section 29 of the Customs Administrative Act.
Amendments1953–1983 · 2 rounds
1983
Pub. L. 97–446 substituted “importer of record” for “consignee” before “or his agent”.
1953
Act , struck out “or at any time before the invoice or the merchandise has come under the observation of the appraiser for the purpose of appraisement,” after “at the time entry is made,”.
Statutory Notes and Related Subsidiaries
Effective Date of 1983 Amendment
Amendment by Pub. L. 97–446 applicable with respect to merchandise entered on and after 30th day after , see section 201(g) of Pub. L. 97–446, set out as a note under section 1484 of this title.
Effective Date of 1953 Amendment; Savings Provision
Amendment by act , effective on and after thirtieth day following , and savings provision, see notes set out under section 1304 of this title.
Credits
1930–1983 · 3 acts
- 1930June 17, 1930, ch. 497, title IV, § 487, 46 Stat. 725
- 1953Aug. 8, 1953, ch. 397, § 18(a), 67 Stat. 517
- 1983Pub. L. 97–446, title II, § 201(e), , 96 Stat. 2350.
Show as published
(June 17, 1930, ch. 497, title IV, § 487, 46 Stat. 725; Aug. 8, 1953, ch. 397, § 18(a), 67 Stat. 517; Pub. L. 97–446, title II, § 201(e), , 96 Stat. 2350.)