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Restrictions on the importation of oils, lubricants, paraffins, and gases
On October 23, 2023, the Mexican Ministry of Energy published a decree to combat the illicit fuel market, establishing restrictions on the import of hydrocarbons and derivatives. Oils, lubricants, paraffins, and gases are being restricted, affecting companies that use them in their industrial process. The Ministry of Energy also released
Modifications to the Foreign Trade Rules
In addition to the publication of the Fourth Resolution of Amendments to the General Rules of Foreign Trade for 2023 on October 30, 2023, on November 2nd, 2023, the amendments to Annexes 1, 2, 10, 17, 20, 22, and 28 were published. The following is a summary of the changes:
Extension of the implementation related to the Bill of Lading.
The advance publication of the Third Resolution of amendments to the General Foreign Trade Rules for 2023 (the “Resolution”), the Tax Administration Service (“SAT”) has published: We should mention that the obligation to generate Electronic Tax Receipts (or CFDI, its Spanish acronym) has been in force since January 1, 2022.
The Ministry of Economy published the Commercial Identification Numbers (NICO) and their correlation tables.
On June 30, 2023, amendments to the Decree establishing the Commercial Identification Numbers (NICO) were published in the Official Gazette of the Federation. The amendments, in summary, are: 53 new NICO codes were added. 18 NICO codes were deleted. The note of Chapter 72 related to different steel types was
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