The taxes and contributions related to a customs operation are part of the costs that a company must consider when importing goods to Mexico.
Their determination depends on different elements, such as the type of goods, tariff classification, customs value, country of origin, customs procedures and possible preferential treatment applicable.
Therefore, to understand these concepts before performing an import allows you to more accurately estimate the total cost of the operation.
What are the duties?
In a general way, are the contributions that can be generated by reason of the entry or exit of goods from the national territory in accordance with applicable legislation.
Not all of the goods, or operations are subject to exactly the same concepts or fees.
The classification and characteristics of each operation determine what obligations should be considered.
What contributions can be applied when importing goods to Mexico?
Depending on the operation, between the main concepts can be found:
General Import tax (IGI): tariff that can be applied to the input of goods and whose rate depends, among other factors, their classification and tariff treatment.
Value Added tax (VAT): it can be generated on the import of goods in accordance with the conditions set forth in the tax legislation.
Right of Customs Procedure (DTA): right related to certain customs operations, calculated in accordance with the applicable provisions.
In addition, certain goods, or operations may be subject to other taxes, duties or fees.
How do you determine the tax of import?
The calculation does not only depend on the price paid for the goods.
To determine the contributions to be applied may include elements such as:
- Tariff classification.
- Customs value.
- Origin of the goods.
- Customs regime.
- Commercial treaties applicable.
- Tariff preferences.
- Specific features of the product.
For this reason, the two goods with prices that are similar can generate costs of different import.
What a trade treaty can reduce the tariffs?
Yes, when there is a treaty or trade agreement applicable and the merchandise complies with the conditions laid down, you may be eligible for preferential tariff treatment.
However, the benefit does not only depend on the country from which you are shipping the product.
It is necessary to correctly determine their origin and to verify compliance with the relevant requirements.
Why calculate these costs before importing?
A transport fee competitive does not guarantee by itself an import economy.
Know in advance the contributions and other associated costs allows you to evaluate the profitability of the operation, set budgets, more accurate and reduce the possibility of finding costs, not covered.
In Core Global Logistics , we understand that logistics international as an integral operation, where planning, transportation and coordination must work together to provide greater visibility for the movement of goods.
Anticipate the costs form part of a better strategy of import.