GSP refunds are on the way
Effective July 29, 2015, filers again are entitled to file GSP-eligible entry summaries without the payment of estimated duties.
CBP will reimburse U.S. importers for duties paid on eligible products during the gap period.
Note: VIP Customs Service Inc has been filing entries with the Special Program Indicator during the laps period from August 1,2013 through July 28,2015, duties will be reimbursed to the Importers automatically.
Please talk to your customer representative...
GSP Finally renewed
GSP had finally renewed again.
President Obama signed into law the reinstatement of GSP effective July 29, 2015 and retroactive to July 31, 2013.
Though it was approved retroactively, it does not allow the automatic refund of duties on entries properly flagged during the period GSP was suspended. Therefore, filers will be required to request duty refunds for each eligible entry.
It is expected that CBP will soon issue instructions on preparing, and processing such requests. Please see...