Barr v. United States

Ekwall, Judge:

The question involved in this case is the proper rate at which the currency of the invoice of certain imported goods should be converted into United States dollars under, the provisions of section 522 (c) of the Tariff Act of 1930. The merchandise consists of wool cloth manufactured in Scotland and exported to this country on May 3, 1940, under an invoice made out in pounds sterling. For the purpose of assessment of the ad valorem duty upon this wool cloth it was necessary for the collector of customs at the port of entry to convert the pounds sterling to United States currency.

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