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(Jun 02, 2008) According to the General Rules on Matters of Foreign Trade for 2008 that were published officially in the Mexican federal official gazette on April 30, 2008, passengers who come into the country by land, air, or sea may import up to US$3,000 in merchandise without having to use the services of a customs broker and without paying an overall tax rate of 15 percent. According to the Rules, this importation ceiling is in addition to the ordinary duty-free importation allowance of US$75, or US$300 during tax holidays. The Rules, which came into force on May 1, 2008, clarify that computer equipment may be imported without having to go through a customs broker for a maximum value of US$4,000, the total sum of merchandise. Previously, passengers who imported more than US$1,000 in merchandise had to pay for the services of a customs broker, in addition to having to pay the corresponding importation duties. The Treasury Secretariat also stated that the allowance of US$300 of duty-free importation for the summer tax holiday period will be in effect from June 27 to July 28 this year. During the Christmas holidays, the allowance will start on November 24, 2008, and end on January 9, 2009. In December 2007, the Treasury Secretary published a resolution in which the allowance of US$50 for importing duty-free merchandise on ordinary days was increased to US$75. (Se Pueden Importar Ya Dolares, Tres Mil Sin Aduanal, EL NORTE, May 2, 2008.)
- Author: Norma Gutierrez More by this author
- Topic: Customs More on this topic
- Jurisdiction: Mexico More about this jurisdiction
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Last updated: 06/02/2008