Mr Edmundo Elías-Fernández

Edmundo Elías-Fernández

Updates

International Trade

Are you ready for the new General Import and Export Duties Law?
Mexico | 22 January 2021

The new General Import and Export Duties Law (LIGIE) recently entered into force, updating the General Import and Export Tariff Code by removing more than 4,000 obsolete tariff items, consolidating the existing tariff items and introducing new tariff items for newly created goods. The new LIGIE also implements the Sixth Amendment to the Harmonised System established by the World Customs Organisation and introduces a commercial identification number.

Key changes to Foreign Trade General Rules
Mexico | 15 January 2021

The Tax Administration Service recently published the Third Resolution of Modifications to the Foreign Trade General Rules 2020. This article sets out the key changes in this respect, which concern suspension from the importer registries, requests to rectify a pedimento form, commercial information numbers and fines.