CBP Issues Instructions for Duty Refunds Pursuant to Renewed GSP Program

On October 24, 2011, U.S. Customs and Border Protection (CBP) issued amemorandum with instructions for obtaining duty refunds following renewal of the Generalized System of Preferences (GSP) program on October 21, 2011. 

On October 21, 2011, President Obama signed H.R. 2832, which extends the GSP program through July 31, 2013. The GSP program, which lapsed on December 31, 2010, has been retroactively renewed allowing for a refund of all duties paid on GSP-eligible merchandise that was entered or withdrawn from warehouse for consumption during the period from January 1, 2011 through November 4, 2011. 

According to the CBP memorandum, filers will be entitled to file GSP-eligible entry summaries, utilizing the Special Indicator (SPI) "A," without the payment of duty for shipments entered or withdrawn from warehouse for consumption effective November 5, 2011. 

CBP will begin processing refunds immediately for entries filed via the Automated Broker Interface (ABI) with the SPI "A," for duties deposited on GSP-eligible goods during the period from January 1, 2011 through November 4, 2011. 

GSP refund filing instructions are further detailed in the memorandum.