What is gsp certificate

what is gsp certificate

Generalized System of Preferences Certificate of Origin(GSP FORM A)

Definition: Generalized System of Preferences Certificate of Origin or FORM A / GSP FORM A is a preferential Certificate of Origin signed on the basis of a kind of tariff preference systems —Generalized System of Preferences that provided by developed countries to developing countries. The certificate applies A form with yellow color and is usually called FORM A or GSP FORM A for short in the foreign trading.

Current favoring countries providing the tariff preference system are France, British, Ireland, Germany, Denmark, Italy, Belgium, Netherlands, Luxembourg, Greek, Spain, Portugal, Austria, Finland, Sweden, Estonia,

Lithuania, Cyprus, Latvia, Poland, Hungary, Slovenia, Czech, Slovakia, Malta, Switzerland, Norway, Japan, Canada, Australia, New Zealand, Russia, Belarus, Kazakhstan, Ukraine, Turkey, United States and Bulgaria.

To make sure the products made in benefit countries get preferences of GSP, the products must be originated from benefit countries (Principle of Origin), delivered directly from benefit countries to favoring countries (Principle of Direct Delivery) and provide the FORM A certificate when clearing customs in favoring countries.

The FORM A is signed and issued by Entry-Exist Inspection and Quarantine Bureau in China with charges of 40 to 80 yuan each.

Form A Picture:

Source: www.chinaimportexport.org

Category: Insurance

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