In response to many requests for information and queries received from our member companies regarding GSP+, the Economic Intelligence Unit (EIU) has taken the initiative to create an easy to use guide to check some key aspects of the trade concession. This one-stop information page gives key EU information sites, which can help a company check if 1) their product/s are eligible for GSP Plus concessions and 2) If so, what the tariff advantage would be.
This page will be curated by EIU, and updated regularly with other relevant content – for example, updates on the terms of the GSP Plus scheme from the European Commission, updates on the economic scenario in the EU and market conditions, etc.
You can find out whether your product is eligible for GSP+ benefits by a two-step process.
Step 01: To access the full GSP+ eligible product list, click on the link below and refer Annexure IX (page 62 onwards).
Step 02: Next, you could click on the link below and enter the 10 digit HS code of your export product to see if your export product is eligible for GSP+.
Click on the download button to view the full document containing an example
For More Information:
- ‘EU GSP+ Guide for Sri Lankan Exporters’ (English version), developed under the EU-Sri Lanka Trade Related Assistance is now available online. It can be downloaded from the link below: http://www.intracen.org/uploadedFiles/intracenorg/Content/Redesign/Projects/EU-SRI_LANKA/GSP_Correct.pdf
- Guide of users on GSP rules of origin http://ec.europa.eu/taxation_customs/business/calculation-customs-duties/rules-origin/general-aspects-preferential-origin/a-guide-users-gsp-rules-origin_en
- What is the economic outlook like for the EU in 2017? – Here’s the official ‘Spring 2017 Economic Forecast’ released by the European Commission?
- TIPS article on ‘Regaining GSP Plus for Sri Lankan Exports to EU: Industry Perspectives’: https://www.chamber.lk/wp-content/uploads/2017/05/TIPS-Vol-20-18-May-20171.pdf
Prepared by Economic Intelligence Unit (EIU), The Ceylon Chamber of Commerce as part of the ‘TIPS’ (Trade Intelligence for the Private Sector), Aimed at Enhancing Awareness on International Trade Issues among the Sri Lankan Private Sector.
For queries, contact EIU on email@example.com
DISCLAIMER: This information is accurate as of 12 December 2017, 11:00 am. The Economic Intelligence Unit will update this page regularly to keep it current.