U.S. Extends Duty-Refund Benefits to Jewelry Manufacturers in U.S. Insular Possessions

Summary

The U.S. Department of Commerce has amended regulations to provide duty-refund benefits for jewelry manufacturers in the U.S. Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands, following the enactment of Pub. L. 106-36, a law that expanded duty-exemption allocations and duty-refund benefits for watch producers in these territories.