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recently published Cargo Systems Messaging Service (CSMS) According to the CSMS notice, “GSP eligible goods entered or withdrawn from warehouse need to pay ‘General’ (column 1) duty rates … Read more

Guidence on GSP Benefit Changes

On October 30, 2020, U.S. Customs and Border Protection issued guidance on the recent changes made to the Generalized System of Preferences (GSP) announced in Presidential Proclamation to Modify Duty-Free Treatment Under the Generalized System of Preferences and for Other Purposes. The changes include: Revoked GSP benefits: Effective on December 30, 2020, 12:01 am, a … Read more

$1.3 Billion Worth of Goods from Thailand will be excluded from GSP

On Cargo Systems Messaging Service CSMS #42615473, CBP announced certain goods from Thailand  entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 25, 2020, will be excluded from GSP eligibility. See full message from below link: https://content.govdelivery.com/bulletins/gd/USDHSCBP-28a42b1?wgt_ref=USDHSCBP_WIDGET_2