Global Trade Alert
Global Trade Alert

Mexico: Multiple changes to the General Law on Import and Export Tax and to the Maquiladoras Regime

Announcement

05 Oct 2017

On October 5, 2017, the Mexican Secretary of Economy adopted a Decree modifying the General Law on Import and Export Tax, the Law on applicable Border Regions and the Decree to Boost the Maquila Industry.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

04 Dec 2018

Revocation date:

No revocation date

Announced: 05 Oct 2017
Import tariff In force
On the contrary, the new Decree published in the Mexica Official Gazette on 5 October 2017 introducing changes to the import and export tax, eliminated the import tariff on Lithium primary cells and b...
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Implementation date

06 Oct 2017

Revocation date:

No revocation date

Announced: 05 Oct 2017
Tax-based export incentive In force
The Decree issued by the Mexican Secretariat of Economy on 5 October 2017 also eliminated the tax-based export incentive resultant from the temporary duty and VAT-free importation of goods under the I...
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Implementation date

06 Oct 2017

Revocation date:

No revocation date

Announced: 05 Oct 2017
Import tariff In force
In addition, the Decree issued by the Mexican Secretariat of Economy on 5 October 2017 also established that the certain HS Codes related to sugar and used tyres (HS Codes 1701.12.04, 1701.14.04, 1701...
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Announced: 05 Oct 2017
Import tariff In force
On 5 October 2017, the Mexican Secretariat of Economy adopted a Decree modifying the customs tariffs. In particular, the new legislation created 144 new 8-digits tariff lines with ad valorem import du...
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