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Global Trade Alert

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Mexico: Lower tax credits under the fuel subsidy scheme (7 - 13 December 2024, extended until 31 December 2024)

Description

On 6 December 2024, the Mexican government adopted Agreement 173/2024 decreasing the tax credit available when importing diesel. The tax credits apply to the Special Tax on Production and Services (IE...

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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

07 Dec 2024

Revocation date

31 Dec 2024

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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