China Freight News

Re:  Speculation over China’s final implementation of Circular Caishui 37’s (“Circular 37”) 6% VAT and how it will be applied. Circular 37 is a proposed tax policy which includes VAT on the “transportation and modern services sector” and which was

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GSP Update

Congress has introduced legislation (H.R. 2709) to extend GSP through September 2015. GSP is currently due to expire July 31, 2013. It is unclear whether Congress will act in time to pass the new legislation prior to the August recess.

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GSP is Due to Expire July 31st

The Generalized System of Preferences (GSP) program is slated to expire on July 31, 2013. As of this writing, it appears unlikely that Congress will extend the legislation prior to the expiration date. With the upcoming Congressional summer recess, we

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