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USA : Allocation of TRQ on import of certain cotton shirting fabrics

USA : Allocation of TRQ on import of certain cotton shirting fabrics

Write: Ramesh [2011-05-20]
The Department of Commerce (Department) has determined the allocation for Calendar Year 2007 of imports of certain cotton shirting fabrics under Tariff Rate Quotas (TRQ) established by Section 406(b)(1) of the Tax Relief and Health Care Act of 2006 (Public Law No. 109-432).
The reduction in duty is applicable to fabric entered or withdrawn from warehouse for consumption under a license during calendar year 2007. Claims for reduction in duty can be made retroactively to U.S. Customs and Border Protection for qualifying fabrics under the license as long as the fabrics were entered or withdrawn from warehouse during calendar year 2007. The companies that are being provided an allocation are listed below.
Background:
On December 20, 2006, President Bush signed into law the Tax Relief and Health Care Act of 2006 (the Act). Section 406(b)(1) of the Act requires the Secretary of Commerce to fairly allocate Tariff Rate Quotas (TRQ) on the import of certain cotton woven fabrics through December 31, 2009.
Section 406 (b)(1) authorizes the Secretary of Commerce to issue licenses to eligible manufacturers under headings 9902.52.08 through 9902.52.19 of the Harmonized Tariff Schedule of the United States, specifying the restrictions under each such license on the quantity of cotton woven fabrics that may be entered each year on behalf of the manufacturer.