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Information Collections on Watches, Jewelry, Arms and Ammunition Under Review

Tuesday, March 31, 2015
Sandler, Travis & Rosenberg Trade Report

Watches and jewelry. The International Trade Administration is inviting through May 26 comments on forms associated with the distribution of watch duty exemptions and watch and jewelry duty refunds to program producers in the U.S. insular possessions and the Northern Mariana Islands. Form ITA-340P is used to provide data to assist in the verification of duty-free shipments of watches into the U.S. and make certain the allocations are not exceeded. Forms ITA-360P and ITA-361P are necessary to implement the duty refund program. Form ITA-360P requires no information unless the recipient wishes to transfer the certificate. Form ITA-361P must be completed each time a certificate holder wishes to obtain a portion, or all, of the duty refund authorized by the certificate.

Arms, ammunition and implements of war. The Justice Department’s Bureau of Alcohol, Tobacco, Firearms and Explosives is extended through April 27 the deadline for comments on records of acquisition and disposition by registered importers of arms, ammunition and implements of war on the U.S. Munitions List. Importers must register with ATF and file an intent to import specific items as well as certify that the items were in fact received. The records are maintained at the registrant’s business premises, where they are available for inspection by ATF officers during compliance inspections or criminal investigations.

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