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Opinion by
Ekwall, J. In accordance with stipulation of counsel the court found that the facts herein agreed upon were such as to bring the case within the holding in John Barr v. United States (11 Cust. Ct. 88, C. D. 801), which record was incorporated herein. (See John Barr v. United States, 324 U. S. 83, decided February 5,1945.) In accordance therewith it was held that the currency of the invoices should be converted at the buying rate in the New York market at noon on the day of exportation (the “free” rate of exchange for pounds sterling), as certified by the Federal Reserve bank and set forth by the collector on each of the entries. The protests were sustained to this extent.'
Document Info
Docket Number: No. 50828
Citation Numbers: 16 Cust. Ct. 210
Judges: Ekwall
Filed Date: 7/1/1946
Precedential Status: Precedential
Modified Date: 11/3/2024