India Loses GSP Benefits in Four Groups, Steel Included

As from 1 January 2017 certain products will no longer benefit from GSP preferences even if accompanied by a Form A certificate until 31 December 2019 when the list will be reviewed.

The tariff preferences for the products/ product groups originating in the countries mentioned below are suspended (see Regulation (EU) 2016/330) because the average value of EU imports of these goods from the GSP beneficiary country over three consecutive years exceeds the thresholds listed in Annex VI of Regulation (EU) 978/2012.

Origin and product groups ceasing to benefit from GSP

India

S-14: Pearls and precious metals

S-15a: Iron, steel and articles of iron and steel

S-15b: Base metals (excl. iron and steel), articles of base metals (excl. articles of iron and steel)

Kenya

S-2a: Live plants and floricultural products

Ukraine

S-3: Animal or vegetable oils, fats and waxes

Origin and product groups which remain under GSP

India

S-6b: Chemicals, other than organic and inorganic chemicals

S-8a: Raw hides, raw skins and leather

Indonesia

S-6b: Chemicals, other than organic and inorganic chemicals