22 Cust. Ct. 292

No. 53060.

L. G. Motor (Staines), Ltd., et al. v. United States,

protests 66447-K, etc. (New York).

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. The protests were sustained to this extent.

L. G. Motor (Staines), Ltd. v. United States
22 Cust. Ct. 292

Case Details

Name
L. G. Motor (Staines), Ltd. v. United States
Decision Date
Apr 26, 1949
Citations

22 Cust. Ct. 292

Jurisdiction
United States

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