Except as otherwise provided in §10.233, reduced rates of duty as proclaimed by the President will apply to handbags, luggage, flat goods, work gloves, and leather wearing apparel that were not designated on August 5, 1983, as eligible articles for purposes of the Generalized System of Preferences under Title V, Trade Act of 1974, as amended (19 U.S.C. 2461 through 2467), provided that the article in question at the time it is entered:

(a) Was grown, produced, or manufactured in a beneficiary country within the meaning of §10.195;

(b) Meets the 35 percent value-content requirement prescribed in §10.195; and

(c) Was imported directly from a beneficiary country within the meaning of §10.193.

[T.D. 00-68, 65 FR 59658, Oct. 5, 2000]