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Global Trade Alert

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Mexico: Lower tax credits under the fuel subsidy scheme (14-20 October 2023, partially extended)

Description

On 13 October 2023, the Mexican government adopted an Agreement decreasing the tax credit available when importing certain gasoline, diesel and non-fossil fuels. The tax credits are applicable to the ...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

14 Oct 2023

Revocation date

17 Jan 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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