A generalized system of preference (GSP) applies where a country grants preferential treatment to goods and services received from another country.

      

A generalized system of preference (GSP) applies where a country grants preferential treatment to goods and services received from another country.

Required:
Describe three general conditions to be fulfilled for goods or services from one country to benefit from a GSP.

  

Answers


Wilfred
The goods or services must:
- Fall within a description of products .eligible for preference in the country of destination. The description entered on the form must be sufficiently detailed to enable the product to be identified by the customs officer examining them.
- Comply with the rules of origin of the country of destination. Each article in the consignment must qualify separately on its own right.
- Comply with the consignment conditions specified by the country of destination. In general, the product must be consigned direct from the country of exportation to the country of destination but most preference giving countries accept passage through intermediate countries subject to certain conditions
Wilfykil answered the question on February 25, 2019 at 10:43


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