TRADE AGREEMENT/PROGRAM COMPARISON
|
Provision |
NAFTA |
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|
GSP |
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|
General |
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|
|
|
|
Agreement |
NAFTA
Implementation Act |
US-Singapore
FTA Implementation Act |
US-Chile
FTA Implementation Act |
Generalized
System of Preferences |
US-Australia
FTA Implementation Act |
|
US Code |
19 U.S.C.
3301-3473 |
19 U.S.C.
3805 note |
19 U.S.C.
3805 note |
19 U.S.C.
2461-2467 |
19 U.S.C.
3805 Note |
|
CFR |
19 CFR 181
and Rules of Origin Regs |
Regs in
early Draft Stage |
70 FR
10868, |
19 CFR
10.171, 10.178 |
Regs in
Early Draft Stage |
|
HTSUS
General Note |
GN 12 |
GN 25 |
GN 26 |
GN 4 |
GN 28 |
|
Primary
responsibility for compliance |
Exporter |
Importer |
Importer |
Importer |
Importer |
|
Special
Program Indicator |
CA or MX |
SG or
9999.00.84 (ISI) |
CL |
A, A+, A* |
AU |
|
Expiration
|
No |
No |
No |
2007
(likely to be renewed) |
No |
|
Importing |
|
|
|
|
|
|
Marking
Rules |
19 CFR 102
& 134 |
19 CFR 134
(Substantial Transformation) |
19 CFR 134
(Substantial Transformation) |
19 CFR 134
(Substantial Transformation) |
19 CFR 134
(Substantial Transformation) |
|
MPF |
Exempt for
originating goods |
Exempt for
originating goods |
Exempt for
originating goods |
Not Exempt
(Except for LDBDC's) |
Exempt for
originating goods |
|
Preference
Criteria |
A through
F |
GN25(b);
will be A, B, C |
A, B, C |
N/A |
GN28(b) |
|
General
Rules of Origin |
Wholly
originating, wholly of originating materials, Tariff Shift &/or Regional
Value Content |
Wholly
originating, wholly of originating materials, Tariff Shift &/or Regional
Value Content, Integrated Sourcing Initiative |
Wholly
originating, wholly of originating materials, Tariff Shift &/or Regional
Value Content |
Regional
Value Content |
Wholly
originating, wholly of originating materials, Tariff Shift &/or Regional
Value Content, Other Qualifying Method |
|
Tariff
Shift Rules |
GN12(t) |
GN25(o) |
GN26(n) |
GN4(b)(ii) |
GN28(n) |
|
Tariff
Preference Levels (TPL) |
Yes |
Yes |
Yes |
No |
No |
|
Concepts
of Fiber, Yarn, and Fabric Forward |
Yes |
Yes |
Yes |
No |
Yes |
|
Level of
documentation or data required to be on file with importer at time of entry
summary |
NAFTA
Certificate of Origin |
Freeform
statement with 10 elements and sufficient knowledge or information |
Freeform
certification with 10 elements and sufficient knowledge or information |
Form A no
longer required |
Freeform
statement with 10 elements and sufficient knowledge or information |
|
Advance
Rulings |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Direct
Shipment Required |
Yes |
No
(requires non-ABI entry) |
No
(requires non-ABI entry) |
Yes,
except LDBDC's can transship thru one another as can the associated countries |
Yes,
pursuant to GN28(b) |
|
Special
Origination Rules |
Annex
308.1 / E Criterion |
Integrated
Sourcing Initiation (ISI) GN28(m) |
No |
No |
No |
|
Value |
|
|
|
|
|
|
Regional
Value Content (RVC) Calculation Methods |
Transaction
Value & Net Cost |
Build-Up
and Build-Down |
Build-Up
and Build-Down |
Direct
cost of processing |
Build-Up,
Build-Down and Net Cost for Automotive Goods |
|
General
RVC Percent |
50%
Transaction Value 60%
Net Cost |
35%
Build-Up
45% Build-Down |
35%
Build-Up
45% Build-Down |
35% direct
costs of processing (up to 15% US content) |
35%
Build-Up
45% Build-Down 50% Net
Cost |
|
Special
Rules for Automotive Goods |
Tracing,
Net Cost Only |
No,
although RVC precentages are 30% build-up; 50% build-down |
No,
although RVC precentages are 30% build-up; 50% build-down |
No |
Yes,
certain tariffs require net cost RVC (GN28(g)(iii)) |
|
Accumulation
of Originating Materials in Non-Orig. Goods |
No |
Yes |
Yes |
N/A |
Yes |
|
De Minimis
(Non-Textile) |
7% by
value |
10% by
value |
10% by
value |
N/A |
10% by
value |
|
De Minimis
(Textile) |
7% by
weight |
7% by
weight |
7% by
weight |
N/A |
7% by
weight |
|
Inventory |
|
|
|
|
|
|
Fungible
Goods |
Specific
Identification, LIFO, FIFO, Average |
Specific
Identification, LIFO, FIFO, Average |
Specific
Identification, LIFO, FIFO, Average |
GAAP |
Specific
Identification, LIFO, FIFO, Average |
|
Fungible
Materials |
Specific
Identification, LIFO, FIFO, Average |
Specific
Identification, LIFO, FIFO, Average |
Specific
Identification, LIFO, FIFO, Average |
GAAP |
Specific
Identification, LIFO, FIFO, Average |
|
Post-Importation |
|
|
|
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|
Post-Importation |
520(d) |
SIL/PEA |
520(d) |
SIL/PEA |
SIL/PEA |
|
TPL
Post-Entry |
SIL/PEA |
SIL/PEA |
SIL/PEA |
N/A |
N/A |
|
520(d)
Reconciliation |
Yes |
No |
69 FR
53730, |
No |
No |
|
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|
|
|
|
|
|
Verifications
via CBP Form 28 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Determinations
via CBP Form 29 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Determinations
communicated to exporter |
Yes |
Yes - only
if correspondence with exporter required |
Yes - only
if exporter provided documents directly to CBP |
No |
Yes - only
if exporter provided documents directly to CBP |
|
Joint
Verification Teams |
Yes |
Yes for
ISI - visitation procedures being negotiated |
No
specific provision - currently in negotiation stage |
No |
Yes -
visit procedures being negotiated |
|
Pattern of
Conduct/Denial of Future Claims Based on Prior Actions |
Yes |
No |
Yes |
No |
No |
|
Prior
Disclosure |
19 USC
1592(c)(4) |
Prompt
notification to CBP, however 1 yr from importation to correct |
19 USC
1592(c)(4) |
19 USC
1592(c)(4) |
Prompt
notification to CBP, however 1 yr from importation to correct |
|
Additional
Information |
|
|
|
|
|
|
Complete
Duty Phase-Out Period |
15 Years ( |
10 Years ( |
12 Years ( |
Immediate |
18 Years ( |
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