US CBP Sets Effective Date of Changes to Generalized System of Preferences
Customs and Border Protection recently announced the effective date for changes to the GSP is December 30, 2020.
On December 1, 2020, US Customs and Border Protection published changes to the Generalized System of Preferences that were announced earlier this year. The update will go into effect on December 30, 2020.
The update includes:
• Revocation of GSP benefits for parboiled rice (HTS 1006.30.10)
• Add GSP benefits for fresh cut roses (HTS 0603.11.00)
• De Minimis competitive need limitations (CNL) waiver see Annex III
• Removal of six products from GSP from the following countries:
Ecuador (HTS 0714.40.10 and 4412.34.32)
Brazil (HTS 3805.10.00 and 8502.12.00)
Argentina (HTS 2909.19.14)
Indonesia (HTS 7113.19.29)
• Continue GSP benefits for Georgia, Uzbekistan, and Indonesia
• Revocation of GSP benefits for some articles from Thailand
If you have any questions about the changes, please reach out to your local DSV Customs and Compliance representative.
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