2019 April No.27 – Entry


The General System of Preference (GSP) value content requirement includes which of the following elements to determine whether a particular good qualifies under the program?

A. Cost or value of originating materials.

B. Direct cost of processing.

C. Cost or value of originating materials plus direct costs of processing that are not less than or equal to 35% of the appraised value of the good.

D. Cost or value of originating materials plus direct costs of processing that are less than 35% of the appraised value of the good.

E. Cost or value of originating materials plus direct costs of processing that are greater than or equal to 45% of the appraised value of the good.

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The Answer is: C

Citation: HTSUS Gen Note 4 (b)(ii)

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