Bigger India

Ally USA to Review Many Indian Goods’ Duty-free Access

For India, the GSP country eligibility review is based on concerns related to its compliance with the GSP market access criterion, the USTR said in a statement.

The US has decided to review India’s eligibility to enjoy duty free access for certain products in the American market under a tax benefit scheme.

As many as 3,500 Indian products from sectors such as chemicals and engineering get duty free access to the US market under the Generalized System of Preferences (GSP), introduced in 1976.


Read it at Millenium Post

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