M. E. Dey & Co., Inc. v. United States

U.S. Customs Court

M. E. Dey & Co., Inc. v. United States

31 Cust. Ct. 271, 1953 Cust. Ct. LEXIS 1085

United States Customs Court·Decided October 22, 1953·No. No. 57558; protests 47273-K, etc. (Milwaukee)·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 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 involved.

Free access — add to your briefcase to read the full text and ask questions with AI

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 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 involved.

M. E. Dey & Co., Inc. v. United States, 31 Cust. Ct. 271, 1953 Cust. Ct. LEXIS 1085 (cusc 1953).

Pincite

31 Cust. Ct. 271 (M. E. Dey & Co., Inc. v. United States) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related