USA GSP extended for certain leather goods and travel goods
July 3, 2017
Members of the Council
Sub : USA GSP extended for certain leather goods and travel goods
As members are kindly aware, the Generalised System of Preferences (GSP) programme of the USA enables either nil or concessional duties for notified imported items.
We have now received a communication from Embassy of India, Washington informing that duty free treatment under GSP will now be granted to Beneficiary Developing Countries (including India) for 23 Travel goods items. These include the certain items of leather as detailed below ( along with existing and future duties under GST).
|Description of products||Existing MFN Duty||Duty under GSP
Trunks, suitcases, vanity & all other cases, occupational luggage & like containers, surface of leather, composition or patent leather
Handbags, whether or not with shoulder strap, including those without handle - With outer surface of leather or of composition leather – valued not over $ 20 each
Handbags, whether or not with shoulder strap, including those without handle - With outer surface of leather or of composition leather – valued over $ 20 each
Articles of a kind normally carried in the pocket or handbag – of leather
Cases, bags and containers, other than golf bags, with outer surface of leather , of composition leather
The list of new products eligible for GSP treatment are given in the enclosed list, which may be referred. As per the list, some bovine finished leathers exported from India to US will also continue to receive duty free treatment under GSP.
This is for kind information of members.
Thanks and regards
R. Ramesh Kumar