Dear Valued Customer,
CBP has issued a notice (CSMS #45244051) to inform the Trade that the Generalized System of Preferences (GSP), special program indicator (SPI) “A,” “A+,” and “A*”, will expire on December 31, 2020 if no Congressional legislation is passed to renew the program. Unfortunately, congress did not include GSP or MTB (Miscellaneous Tariff Bill) in the year-end legislative package that the Senate is prepared to pass on December 21.
Therefore, until further notice, GSP eligible goods entered or withdrawn from warehouse need to pay “General” (column 1) duty rates effective, January 1, 2021, 12:00 am.
U.S. Customs and Border Protection (CBP) encourages importers to continue to flag GSP eligible importations with SPI “A” during the lapse, starting January 1, 2021.
On/after January 1, 2021, importers may not file SPI “A” without paying duties. CBP has programming in place that, in the event that GSP is renewed with a retroactive refund clause, will allow CBP to automate the duty refund process.
CBP will continue to allow post-importation GSP claims made via post summary correction (PSC) and protest (19 USC 1514, 19 CFR 174) subsequent to the expiration of GSP, for importations made while GSP was still in effect. CBP will not allow post-importation GSP claims made via PSC or protest subsequent to the expiration of GSP, for importations made subsequent to expiration.
Customs brokers should utilize the Estimated Entry Date with a December entry date for entries filed for shipments arriving on/before December 31 to avoid paying duties during the last 10 business days of December.
As for the MTB, congress usually does not allow for retroactive refunds.
Thank you for your attention and cooperation. If you have any questions, please contact your nearest JJB representative.
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