Duty and duty free initiatives that can affect your imported product

Following are two announcements that can have an affect on the duty you are paying for your imported product.

First is the notice in the Federal Register by The Office of the United States Trade Representative (USTR). The USTR will consider petitions to modify the list of articles that are eligible for duty-free treatment under the Generalized System of Preferences (GSP) program. The USTR will also consider petitions to modify the GSP status of certain GSP beneficiary developing countries because of country practices. The announcement is titled “Generalized System of Preferences (GSP): Initiation of the 2017 Annual GSP Product and Country Practices Review; Deadlines for Filing Petitions; Notice of Change in Country Practices Hearing.”

An explanation of the program and instructions on how to submit a request for an addition or change to the system can be found here.

The second announcement involves Miscellaneous Tariff Bill Petition System within the United States International Trade Commission (ITC). The ITC has compiled the list of petitions for duty suspensions and reductions that have been filed through the Miscellaneous Tariff Bill Petition System (MTBPS).

If you are interested in learning more about the process and how it may affect your products (and resulting duties you pay), you can find more information here.

To see this year’s list of petitions and to determine if any of them may affect you product, you can find them here.

As always, please do not hesitate to contact our compliance officer, Samya (Sam) Murray at sdmurray@cjinternational.com if you have any questions or need assistance in this or any other matter.

Subscribe to our newsletter