Which of the following elements determine whether a particular good qualifies under the Generalized System of Preferences (GSP) value content requirement?
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 greater 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 goods.
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.
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: C
Citation: HTSUS General Note 4 (b)(ii)
[/bg_collapse]