CSMS Message: 98-000987

Title:1998 GSP RENEWAL AMENDMENT
Date:1998-10-28
To:abi
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TO : ALL ABI BROKERS.

FROM : JOHN ZZ-PIERCE

SUBJECT : 1998 GSP RENEWAL AMENDMENT

DATE : 10/28/1998

8301071

OCTOBER 28, 1998

FO:OB:TA JAP

CATEGORY: GSP

TO : PORT AND CMC DIRECTORS, IMPORT SPECIALISTS, ENTRY
SPECIALISTS, INSPECTORS, AND OTHER INTERESTED PARTIES
SUCH AS BROKERS AND IMPORTERS

FROM : DIRECTOR, TRADE AGREEMENTS

SUBJECT: AMENDMENT TO ADMINISTRATIVE MESSAGE 8300071, RENEWAL OF
THE GENERALIZED SYSTEM OF PREFERENCES (GSP)

THE PURPOSE OF THIS NOTICE IS TO AMEND ADMINISTRATIVE MESSAGE
8300071, DATED OCTOBER 27, 1998, THAT ADVISED CUSTOMS FIELD
PERSONNEL AND THE TRADE COMMUNITY OF THE RENEWAL OF THE GSP
FOR 1998.

THE OPENING PARAGRAPH OF THE MESSAGE READS "EFFECTIVE OCTOBER 21,
1998, SECTION 505 (A) OF THE TRADE ACT OF 1974 (19 U.S.C. 2465)
WAS AMENDED BY STRIKING "JUNE 30, 1998" AND INSERTING "DECEMBER
31, 1999". HOWEVER, THE PARAGRAPH SHOULD READ "EFFECTIVE OCTOBER
21, 1998, SECTION 505 (A) OF THE TRADE ACT OF 1974 (19 U.S.C.
2465) WAS AMENDED BY STRIKING "JUNE 30, 1998" AND INSERTING "JUNE
30,1999".

ADDITIONALLY, UNDER ACTION, SECTION 4, WHICH REFERS TO IRS
INTEREST RATES THAT WILL BE USED IN CALCULATING INTEREST ON
REFUNDS OF CUSTOMS DUTIES, NO RATE WAS PROVIDED FOR THE MONTH OF
SEPTEMBER 1998. THE INTEREST RATE THAT WILL BE USED TO CALCULATE
INTEREST ON REFUNDS OF CUSTOMS DUTIES FOR THE MONTH OF SEPTEMBER
1998 IS 7%.

QUESTIONS REGARDING THIS NOTICE SHOULD BE DIRECTED TO JOHN
PIERCE, TRADE AGREEMENTS, AT (202) 927-1249.

JOYCE METZGER