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        <title>Changes in the Insular Possessions Watch, Watch Movement and Jewelry Programs 2006</title>
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    <abstract>The Departments of Commerce and the Interior (the Departments) amend their regulations governing watch duty-exemption allocations and the watch and jewelry duty-refund benefits for producers in the United States insular possessions (the U.S. Virgin Islands, Guam, American Samoa and the Commonwealth of the Northern Mariana Islands). The rule amends certain regulations by updating the maximum total value of watch components per watch that are eligible for duty-free entry into the United States under the insular program, further clarifying the definition of creditable and non-creditable wages and fringe benefits, providing more details about the calculation of mid-year and annual duty-refund and verification process, and making minor editorial changes.</abstract>
    <identifier type="FR citation">72 FR 16712</identifier>
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    <subject>
        <topic>Administrative Practice and Procedure</topic>
        <topic>American Samoa</topic>
        <topic>Customs Duties and Inspection</topic>
        <topic>Guam</topic>
        <topic>Imports</topic>
        <topic>Marketing Quotas</topic>
        <topic>Northern Mariana Islands</topic>
        <topic>Reporting and Record Keeping Requirements</topic>
        <topic>Virgin Islands</topic>
        <topic>Watches and Jewelry</topic>
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            <partNumber>Title 15 Part 303</partNumber>
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        <action>Final rule.</action>
        <summary>The Departments of Commerce and the Interior (the Departments) amend their regulations governing watch duty-exemption allocations and the watch and jewelry duty-refund benefits for producers in the United States insular possessions (the U.S. Virgin Islands, Guam, American Samoa and the Commonwealth of the Northern Mariana Islands). The rule amends certain regulations by updating the maximum total value of watch components per watch that are eligible for duty-free entry into the United States under the insular program, further clarifying the definition of creditable and non-creditable wages and fringe benefits, providing more details about the calculation of mid-year and annual duty-refund and verification process, and making minor editorial changes.</summary>
        <dates>This rule is effective May 7, 2007.</dates>
        <contact>Faye Robinson, (202) 482-3526, same</contact>
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            <part number="303"/>
                                    
            <subject>Administrative Practice and Procedure</subject>
                                    
            <subject>American Samoa</subject>
                                    
            <subject>Customs Duties and Inspection</subject>
                                    
            <subject>Guam</subject>
                                    
            <subject>Imports</subject>
                                    
            <subject>Marketing Quotas</subject>
                                    
            <subject>Northern Mariana Islands</subject>
                                    
            <subject>Reporting and Record Keeping Requirements</subject>
                                    
            <subject>Virgin Islands</subject>
                                    
            <subject>Watches and Jewelry</subject>
                                
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        <tocSubject1>Watches, watch movements, and jewelry:</tocSubject1>
        <tocDoc>Insular Possessions Watch, Watch Movement, and Jewelry Programs; watch duty-exemption allocations and watch and duty-refund benefits, </tocDoc>
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