Tag Archives: Customs Law

The Myth of double payment of VAT

By Adina Moloman Source: AIM, CNIMME On July 29, 2011, the Ministry of Finance, published in the DOF, the Temporary Regulations to the Customs Law for 2011. A copy of the entire document is also available through the Maquiladora Industry Association web page. This  includes a new VAT rule  for Certified Maquiladoras that would require [...]

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General Overview Of Temporary Importation Into Mexico By Immex Companies

I. Temporary Import of Raw Materials. A. General Rule – 18 months. In terms of Article 108, paragraph II of the Customs Law (the “Customs Law”) and Article 4, paragraph I of the Decree for the Promotion of the Manufacture, Maquila and Export Services Industry (the “IMMEX Decree”), raw materials, parts and components may remain [...]

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