Tag Archives: Duties

Potential Savings on Importations: CBP May Allow Transaction Value in Calculating Post-Importation Adjustments

It looks like the CBP is considering making a policy change to make it easier for related parties to use transaction value as the basis of appraisement when calculating post-importation adjustments.  On September 23, 2011, CBP issued a Request for … Continue reading

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HOT OFF THE PRESS: Senate Passes Bill Renewing GSP Program

I don’t normally post more than once a week, but there’s enough interest on this topic to warrant a HOT OFF THE PRESS post.  A couple of days ago, I posted about H.R. 2832 because the vote was eminent and … Continue reading

Posted in Generalized System of Preferences | Tagged , , , , , , | 2 Comments

A Taxing Situation for U.S. Companies

For the first time in over a decade, the Generalized System of Preferences (GSP) program expired on December 31, 2010.  And, on January 1, 2011, CBP began collecting duties on imports from GSP countries, which is estimated to be an … Continue reading

Posted in Generalized System of Preferences | Tagged , , , , , , | 4 Comments