| Title: | Update on GSP Refunds |
|---|---|
| Date: | 2011-12-12 |
| To: | abi,acep |
| Links: | previous, original, next |
The Generalized System of Preferences (GSP) was retroactively renewed to allow for a refund of all duties paid on GSP-eligible merchandise that was entered or withdrawn from warehouse for consumption during the period from January 1, 2011 through November 4, 2011 (see also CSMS 11-000266).
U.S. Customs and Border Protection (CBP) has begun processing refunds for entries filed via the Automated Broker Interface (ABI) with the Special Program Indicator (SPI)A, for duties deposited on GSP-eligible goods during the period from January 1, 2011, through November 4, 2011. For entries filed with the SPI indicator that have reached their liquidation date, CBP will reliquidate with the retroactive GSP benefits.
Claims for retroactive GSP benefits, on non-ABI entries or entries filed without the SPI A, must be filed by May 3, 2012, and should be filed at the port where the goods were entered. We recommend that importers monitor refunds to ensure receipt of applicable duties. Claims for retroactive GSP refunds do not have a separate 180-day protest period, in addition to the time period specified in H.R. 2832.
CSMS #11-000310