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Mexico - Electronic Reporting of Customs Information Mandatory from March 1
1 pages
Published by
Nandita Verma
Mexico - Electronic Reporting of Customs Information Mandatory from March 1
(Sunnyvale, CA) – February 10, 2012 - Recent modifications to Mexico’s foreign trade rules make it
mandatory for export and import businesses to file...
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Mexico - Electronic Reporting of Customs Information Mandatory from March 1
(Sunnyvale, CA) – February 10, 2012 - Recent modifications to Mexico’s foreign trade rules make it
mandatory for export and import businesses to file information regarding customs transactions
electronically.
Starting March 1, 2012, export and import businesses in Mexico will not have the option of manually
submitting customs information using paper forms.
Mexico has very detailed import/export declaration forms and is very strict about customs
documentation and small mistakes can often result in excessive fines.
Also, lack of prior notification of
procedural changes and inconsistent interpretation of trade requirements at different ports of entry is a
cause of major concern to exporters.
Customs Information Required for Electronic Reporting
The information that businesses need to include in the reporting system are:
Customs documentation - date and place of issue
Name and address of the receiver of the mer
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Tags
businesses,
customs,
details,
electronic,
export,
identification,
import,
information,
mandatory,
march,
mexico,
nair,
number,
outsourcing,
reporting,
system,
trade
