Mexico: New customs rules; effective 20 June

Mexico: New customs rules; effective 20 June

A new, amended version of Mexico’s customs law, that is effective 20 June 2015, provides new documentary requirements.

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The amended version of the Mexican customs law was published 20 April 2015.

Prior rules

The existing customs law already required that several documents must be made available at the time of import—documents to be provided by the “importer of record" to the Mexican customs broker. This documentation must support the valuation of the imported merchandise, and include among other items the commercial invoice, shipping / insurance documentation, a certificate or proof of origin, and a warranty customs account (but only for goods under benchmark prices).

New rules

The new customs law introduces additional documentary requirements—mainly a proof of payment and contracts related to the purchase of the goods. Accordingly, the new rules will require additional control efforts from the importer and broker to manage continued customs compliance.

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