Procedures and Documentation: What U.S. Business Needs to Know about Importing into Mexico
1 hour 5 minutes
Gain an understanding of the import/export laws and regulations that pertain to your business activities.
The most important part of mitigating compliance liability when you are an importer or exporter is understanding what laws and regulations pertain to your business activities. This topic, aimed at U.S. companies that need to export products to Mexico, is an overview of the regulatory scheme for importing products into Mexico. It includes a discussion of the Mexican entry process, including the Pedimento, and what information and documentation are required for entry. We will review how to determine the customs value of the products for the Pedimento and what tariffs, taxes, and fees may be owed on the imports. This course also provides an overview of the USMCA Rules of Origin and documentation required for a Verification of Origin. The material will end with a discussion of recordkeeping requirements, what to do in the event of a customs audit or penalty, Mexico’s OEA Supply Chain Security Program, and resources to help you locate additional information.
• You will be able to discuss the customs entry and process.
• You will be able to describe Tariff Classification under Harmonized Tariff System (HTS).
• You will be able to identify USMCA - 9 Data Elements.
• You will be able to recognize the importer’s legal liability.
To register for this live webinar please dial 1-866-411-6211.