When importing into our country, it is necessary to consider some tax expenses and other fees, as is the case with many types of merchandise, tariffs and the IGI (General Import Tax) are generally the typical payments that are made for successful transit through the various customs. Occasionally this factor causes importers to lose budget control by miscalculating their tax projections. For this reason, on this occasion we review some of the expenses, taxes or tariffs that can be paid for carrying out an import.
Tariffs According to article 12 of the Foreign Trade Law, tariffs are general tax rates divided into:
Ad Valorem: Percentage of the customs value of the merchandise
Specific in the specific monetary rate per unit of measurement
Mixed: Combination of Ad Valorem and Specific
Tariff Quota: When a tariff is established for a certain imported quantity and another when the agreed quantity is exceeded
Seasonal Tariff: Specific quota for different stages of the year
Other modalities: Product of specific agreements such as the T-MEC
Taxes From the aforementioned IGI passing, as the case may be, through:
Taxable base of the general import tax, which is calculated based on articles 64 to 78 of the Customs Law
VAT: Obligated natural and legal persons who import goods or services into national territory in accordance with articles 1 and 27 of the VAT law
IEPS (special tax on production and services): this is variable and is determined using differentiators such as the following: (not all categories and types of merchandise are listed, they are only a fraction)
DTA (Customs Processing Right): It is a payment for customs operations using a customs entry (pedimento) or document in accordance with the law
Storage fee: Daily storage fees that come into effect after the expiration of a period.
In each situation, tariffs and taxes along with their calculation vary depending on the merchandise, which is why it is essential that as part of a successful import strategy you have a projection of data like these, in the clearest and most accurate way possible; Sometimes preparing a detailed analysis of all the taxes to pay can be complicated, so if you have any questions, one of our logistics experts will be happy to provide you with free advice to clear up many doubts.