New Customs Compliance Obligations In Mexico: Expanded Documentation Requirements For Import And Export Operations

Recent amendments to the international trade regulations have increased the obligations related to the proper integration of import and export files. The new requirements demand that importers documentarily substantiate the materiality of their international trade operations.

The importer must demonstrate that it has sufficient infrastructure to process or repair temporarily imported goods. In addition, the importer must prove that the resulting products were duly exported, in order to evidence real and non-simulated operations that could otherwise affect tax revenue.

General Customs Law file

• Contracts related to the merchandise transaction.
• Documents substantiating incrementable and decrementable adjustments.