The Generalised System of Preferences (GSP) scheme allows products from various countries around the world to be imported at a reduced or zero rate of duty. In most cases these are developing countries and the scheme assists these countries with increased access to the trade market, overall contributing to their growth.
The GSP scheme is structured as a sliding scale according to the needs of developing countries:
- Standard GSP for low and lower-middle income countries
- GSP+ for vulnerable low and lower-middle income countries
- EBA (Everything But Arms) for least developed countries
Since 2017, the requirement for original GSP certification has been in the process of being phased out and replaced by the Registered Exporter (REX) System.
Introduction of the Registered Exporter (REX) System:
The Registered Exporter (REX) System will gradually and eventually completely replace the current system of GSP origin certification based on certificates of origin. This transition period is intended to be complete by 2020.
Under this system, exporters can apply to become registered exporters. Once approved, exporters are registered in the international database and are allocated an individual REX number.
A registered exporter is able self-certify the preferential origin of the goods in the form of a statement of origin. The REX statement of origin is shown on the commercial invoice for the goods and contains the exporter’s individual REX number. This REX number subsequently declared on the customs declaration for the goods.
Importantly, the REX system still operates under the authority of the overall GSP scheme.
Further information on the application of the REX system can be found using the link below:
If have any queries relating to the preferential origin of goods and documentation requirements, please contact our in-house Customs Clearance and Port Health department.