GSP (Generalized System of Preferences) is an important trade program that helps companies save money when importing goods from certain developing countries. It's like a special discount system for international shipping where importers don't have to pay regular customs duties. Freight forwarding professionals need to understand GSP because it affects shipping costs and documentation requirements. When you see GSP mentioned in a resume, it usually means the person knows how to handle preferential trade documentation and can help companies save money on import duties.
Processed over 200 GSP certificates monthly for duty-free imports
Managed GSP documentation for shipments from developing countries
Saved company $50,000 annually through proper GSP qualification and filing
Typical job title: "GSP Specialists"
Also try searching for:
Q: How would you handle a situation where a shipment's GSP eligibility is questioned by customs?
Expected Answer: A senior professional should explain the process of reviewing country of origin documentation, verifying manufacturing processes, and coordinating with suppliers and customs authorities to resolve the issue.
Q: How do you stay updated with changes in GSP regulations and beneficiary countries?
Expected Answer: Should discuss monitoring trade publications, government notifications, and implementing systems to track and communicate changes to relevant team members.
Q: What documentation is required for GSP claims?
Expected Answer: Should be able to list necessary documents like Certificate of Origin, manufacturing statements, and explain how to properly complete GSP declaration forms.
Q: How do you determine if a product qualifies for GSP benefits?
Expected Answer: Should explain checking eligible country lists, product classification, and understanding local content requirements.
Q: What is GSP and why is it important?
Expected Answer: Should explain that GSP is a trade program allowing duty-free imports from developing countries and its basic benefits for importers.
Q: What countries are typically covered under GSP?
Expected Answer: Should demonstrate basic knowledge of major GSP beneficiary countries and where to find current country lists.