CBP Federal Register Notice on GSP Again Outlines Refund Processing

A Federal Register notice from CBP (here) details the plans for processing of Generalized System of Preferences refunds for eligible claims submitted while the program had lapsed. The notice includes much of the same information as released by the agency earlier this month (see 1507210023). The GSP reauthorization allows for retroactive benefits to be applied to eligible goods entered after July 31, 2013 through July 28. CBP plans to begin automated processing of GSP refunds on entries that included a GSP indicator "shortly after the effective date," which is July 29, it said. Duty-free treatment of GSP-eligible imports will also resume on July 29, CBP has said.