Guidance on GSP Expiration on Dec 31 2020
As Generalized System of Preferences (GSP) trade program, which is set to expire on December 31, 2020. U.S. Customs and Border Protection (CBP) is providing guidance via recently published Cargo Systems Messaging Service (CSMS) According to the CSMS notice, “GSP eligible goods entered or withdrawn from warehouse need to pay ‘General’ (column 1) duty rates … Read more