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Mexico updates lists of tariff classifications subject to export controls and sanctions
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Mexico updates lists of tariff classifications subject to export controls and sanctions
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In order to make the Decree for the Promotion of the Manufacturing, Maquiladora and Export Services Industry (IMMEX Decree) consistent with the new General Import and Export Duties Law and the US-Mexico-Canada Agreement (USMCA), a number of the decree s annexes have been modified. Specifically:
references to the North American Free Trade Agreement have been substituted with references to the USMCA;
the Annex I tariff items (ie, goods that cannot be temporarily imported under the IMMEX Decree) have been updated; and
the Annex II tariff items (ie, goods that must comply with specific requirements to be temporarily imported (sensitive goods)) have been updated.
On 28 December 2020 the National Notes entered into force. The National Notes are the official interpretation instrument of the General Import and Export Tariff Code (TIGIE) of the new General Import and Export Duties Law (LIGIE) (for further details please see Are you ready for the new General Import and Export Duties Law? ). Their application is mandatory to determine the tariff classification of goods entering and leaving Mexico.
The National Notes contain specifications and criteria for the tariff classification of goods. They must be used to interpret the TIGIE and apply it in a uniform way in accordance with the new LIGIE.
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