April 2019 — Question 27
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?
- ACost or value of originating materials.
- BDirect cost of processing.
- CCost 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.✓ CBP's answer
- DCost or value of originating materials plus direct costs of processing that are less than 35% of the appraised value of the good.
- ECost 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.
CBP's cited authority
§ HTSUS Gen Note 4 (b)(ii)
Answer and citations as published in CBP's official answer key for the April 2019 examination.
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