Notices. Notice
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/register/2000/02/29/00-4801·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 3510-DR-P DEPARTMENT OF COMMERCE International Trade Administration DEPARTMENT OF THE INTERIOR Office of Insular Affairs [Docket No. 990813222-0035-03] RIN 0625-AA55 Allocation of Duty-Exemptions for Calendar Year 2000 Among Watch Producers Located in the Virgin Islands AGENCY: Import Administration, International Trade Administration, Department of Commerce; Office of Insular Affairs, Department of the Interior. ACTION: Notice. SUMMARY: This action allocates calendar year 2000 duty-exemptions for watch producers located in the Virgin Islands pursuant to Pub. L. 97-446, as amended by Pub. L. 103-465 (“the Act”). FOR FURTHER INFORMATION CONTACT: Faye Robinson,
(202)482-3526. SUPPLEMENTARY INFORMATION: Pursuant to the Act, the Departments of the Interior and Commerce (the Departments) share responsibility for the allocation of duty exemptions among watch assembly firms in the United States insular possessions and the Northern Mariana Islands. In accordance with Section 303.3(a) of the regulations (15 CFR 303(a)), the total quantity of duty-free insular watches and watch movements for calendar year 2000 is 1,866,000 units for the Virgin Islands (65 FR 8048, February 17, 2000). The criteria for the calculation of the calendar year 2000 duty-exemption allocations among insular producers are set forth in Section 303.14 of the regulations (15 CFR 303.14). The Departments have verified and adjusted the data submitted on application form ITA-334P by Virgin Islands producers and inspected their current operations in accordance with Section 303.5 of the regulations (15 CFR 303.5). In calendar year 1999 the Virgin Islands watch assembly firms shipped 627,703 watches and watch movements into the customs territory of the United States under the Act. The dollar amount of creditable corporate income taxes paid by Virgin Islands producers during calendar year 1999 plus the creditable wages paid by the industry during calendar year 1999 to residents of the territory was $3,100,676. There are no producers in Guam, American Samoa or the Northern Mariana Islands. The calendar year 2000 Virgin Islands annual allocations, based on the data verified by the Departments, are as follows: Name of firm Annual allocation Belair Quartz, Inc 500,000 Hampden Watch Co., Inc 200,000 Progress Watch Co., Inc 300,000 Unitime Industries, Inc 500,000 Tropex, Inc 300,000 The balance of the units allocated to the Virgin Islands is available for new entrants into the program or producers who request a supplement to their allocation. Robert S. LaRussa, Assistant Secretary for Import Administration, Department of Commerce. Ferdinand Aranza, Director, Office of Insular Affairs, Department of the Interior. [FR Doc. 00-4801 Filed 2-28-00; 8:45 am]
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- Pub. L. 97-446
- Pub. L. 103-465
- 15 CFR 303(a)
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Notices
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Pub. L.Pub. L. 97-446
Pub. L.Pub. L. 103-465
Cite15 CFR 303(a)
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