GUIDANCE: Generalized System of Preferences (GSP) Expires effective, December 31, 2020
Published Dec 21, 2020
Summary
CBP notifies the trade that the Generalized System of Preferences (GSP) will expire December 31, 2020 unless renewed, requiring importers to pay general column 1 duty rates starting January 1, 2021, while still flagging GSP-eligible entries with SPI 'A' in case of retroactive renewal and refund.
Summary is machine-generated at the linking layer for discovery only. Refer to the source bulletin for authoritative guidance.
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