7 Articles
7 Articles
Decree will allow 11 shipowners to import parts to assemble cars without paying tariffs: Economy details that the measure is valid for five years and, before it enters into force, companies must meet the requirements.
Applies to companies with production facilities in Mexico, reducing their reach to only 11 light vehicle manufacturers
Eleven shipowners with plants in Mexico will be able to import components of light vehicles without tariffs if they meet the requirements, Economy reported. Eleven shipowners will be able to import components of light cars without tariffs: SE first appeared on Contralínea.
Reading time approx.: 2 minutes, 13 secondsThe federal dependence emphasized that, contrary to some interpretations around a decree issued on Tuesday, the instrument will not “facilitate in any way” the access of vehicles coming from countries without treaties with Mexico, “but that seeks to strengthen the chain of automotive supply” local.The Ministry of Economy [...] The post Tariff exemptions of parts and components only applies to shipowners…
Having a plant in Mexico will be a requirement to access the benefit. The guidelines also provide minimum production and controls on imported parts.
CDMX.- The Secretariat of Economy (SE) explained that the low tariff from 10 percent to zero for imported auto parts only applies to companies with productive facilities in Mexico, which reduces its reach to only 11 manufacturers of light vehicles.
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