Koeller-Struss Co. v. United States

U.S. Customs Court

Koeller-Struss Co. v. United States

24 Cust. Ct. 361, 1950 Cust. Ct. LEXIS 1624

United States Customs Court·Decided January 30, 1950·No. No. 53998; protest 47293-K (St. Louis)·Published

Opinion

Opinion by

Ekwall, J.

It was stipulated that the issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). In accordance therewith it was held that the-currency of the invoice 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 the entry.

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Opinion by

Ekwall, J.

It was stipulated that the issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). In accordance therewith it was held that the-currency of the invoice 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 the entry.

Koeller-Struss Co. v. United States, 24 Cust. Ct. 361, 1950 Cust. Ct. LEXIS 1624 (cusc 1950).

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24 Cust. Ct. 361 (Koeller-Struss Co. v. United States) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

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