Trade preference may be claimed for all preference programs with the exception of GSP and the African Growth and Opportunity Act (AGOA). Goods Subject to Section 232 (aluminum and steel) Post Summary Correction (PSC) GSP Claims for Importations prior to ExpirationĬBP will continue to allow post-importation GSP claims made via PSC and protest (, 19 CFR 174) for importations made prior to GSP expiration.ĬBP will not allow post-importation GSP claims made via PSC or protest for importations made after GSP expiration. In the event that GSP is renewed with a retroactive refund clause, CBP will be enabled to automate the duty refund process for entries flagged with the SPI “A” and no further action will be required by the filer to initiate the refund process. Importers may not file SPI “A” without paying duties. Importers are encouraged to continue flagging GSP-eligible importations with SPI “A” and pay normal trade relations (column 1) duty rates during the lapse. GSP Entry Summaries and Retroactive Refund Effective Januat 12:00am EST, GSP eligible goods entered or withdrawn from warehouse need to pay “General” (column 1) duty rates until further notice. On December 31, 2020, the GSP SPIs (“A,” “A+,” and “A*”) expired and is currently pending Congressional action to pass legislation for the program’s renewal. Įxpiration of GSP SPI “A,” “A+,” and “A*” For more information, see USTR’s GSP Guidebook at. Under certain circumstances, these ceilings may be waived. The GSP program imposes quantitative ceilings called Competitive Need Limitations (CNLs) on GSP benefits for all tariff items and beneficiary developing countries.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |