U.S. to Terminate GSP Designation for India and Turkey

U.S. importers utilizing the Generalized System of Preferences (GSP) program should note the U.S. Trade Representative office (USTR) announced that the U.S. will terminate GSP Designation of India and Turkey. The action was taken as a result of the U.S. determining that Turkey’s economy has developed to an extent that it should no longer benefit…

U.S. Removes GSP Eligibility for Specific Imports

U.S. importers utilizing the Generalized System of Preferences (GSP) program should note a Presidential Proclamation has been published removing some products from the program. The list of products being removed is country-specific. That list and the complete proclamation may be found here. The action was taken as a result of the U.S. determining some imports…

Retroactive U.S. GSP Refund Claim Deadline is September 19, 2018

On Friday, March 23, 2018, the “Consolidated Appropriations Act, 2018,” was signed into law which reauthorized the Generalized System of Preferences (GSP) program for goods entered or withdrawn from warehouse, for consumption, from January 1, 2018 through December 31, 2020. The new law, effective April 22, 2018, provided for the retroactive refund of all duties,…

CETA Alert

CETA and EU registered exporters The EU has a process, implemented since January 1, 2017, whereby exporters wishing to avail themselves of the Generalized System of Preference (GSP) tariff benefits as they relate to the origin of goods, are required to register and obtain a REX number on shipments valued at €6 000 and more….