[Federal Register Volume 64, Number 43 (Friday, March 5, 1999)] [Notices] [Pages 10622-10623] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 99-5505] ----------------------------------------------------------------------- DEPARTMENT OF COMMERCE International Trade Administration DEPARTMENT OF THE INTERIOR Office of Insular Affairs [Docket No. 980716178-8234-02] RIN 0625-AA53 Allocation of Duty-Exemptions for Calendar Year 1999 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 1999 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 Part 303), this action establishes the total quantity of duty-free insular watches and watch movements for 1999 at 3,740,000 units and divides this amount among the three insular possessions of the United States and the Northern Mariana Islands. Of this amount, 2,240,000 units may be allocated to Virgin Islands producers, 500,000 to Guam producers, 500,000 to American Samoa producers and 500,000 to Northern Mariana Islands producers (63 FR 49666). The criteria for the calculation of the 1999 duty-exemption allocations among insular producers are set forth in Section 303.14 of the regulations. 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. In calendar year 1998 the Virgin Islands watch assembly firms shipped 805,890 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 1998 plus the creditable wages paid by the industry during calendar year 1998 to residents of the territory was $3,310,945. There are no producers in Guam, American Samoa or the Northern Mariana Islands. The calendar year 1999 Virgin Islands annual allocations, based on the data verified by the Departments, are as follows: ------------------------------------------------------------------------ Annual Name of firm allocation ------------------------------------------------------------------------ Belair Quartz, Inc......................................... 500,000 Hampden Watch Co., Inc..................................... 200,000 Progress Watch Co., Inc.................................... 400,000 Unitime Industries, Inc.................................... 500,000 Tropex, Inc................................................ 300,000 ------------------------------------------------------------------------ [[Page 10623]] Robert S. LaRussa, Assistant Secretary for Import Administration, Department of Commerce. Allen Stayman, Director, Office of Insular Affairs, Department of the Interior. [FR Doc. 99-5505 Filed 3-4-99; 8:45 am] BILLING CODE 3510-DS-P and 4310-93-P