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Corrections to Final Rule Increasing Cotton Import Fee

Tuesday, November 08, 2011
Sandler, Travis & Rosenberg Trade Report

The Department of Agriculture’s Agricultural Marketing Service has made several corrections to an Aug. 31 final rule increasing the assessments paid by importers of cotton and cotton-containing products as of Sept. 30. That rule also updated the textile trade conversion factors used to estimate cotton equivalents contained in cotton textile products imported into the U.S., which serve as the basis for collecting cotton import assessments, and expanded from 706 to 2,371 the number of Harmonized Tariff Schedule statistical reporting numbers on which such assessments are levied. AMS is amending the final rule to remove expired HTS codes and HTS codes representing ensembles, which are strictly used for statistical reporting; add conversion factors and assessment rates for two HTS codes that were inadvertently excluded; and correct clerical errors associated with three different HTS codes.

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