Temporary Exemption of 10% Tariff to Auto Parts
10 Articles
10 Articles
The exemption from the tariff to auto parts also aims to reduce operating costs, encourage the recruitment of specialized personnel and facilitate technology transfer.
It will last for five years and seeks to attract new production lines and promote the installation and expansion of automotive projects in the country
Mexico City.- The Government of Mexico published on Tuesday a decree temporarily exempting from the import tariff of 10% parts and components destined for the assembly of automobiles, a measure that will be in force for five years and seeks to attract new production lines and promote the installation and expansion of automotive projects in the [...] The entry Government of Mexico publishes decree temporarily exempting auto parts of the 10% tarif…
The Mexican government temporarily abolished the 10% import tariff for certain parts and components intended for the assembly of automobiles
Mexico City.- The Government of Mexico today issued a decree temporarily exempting from the import tariff 10% parts and components destined for the assembly of automobiles, a measure that will be in force for five years and seeks to attract new production lines and promote the installation and expansion of automotive projects in the country. The decree published in the Official Journal of the Federation establishes a 0% tariff for the import of …
The president indicated that this measure was necessary to implement investment projects in the automotive industry. Claudia Sheinbaum’s publication suspends tariffs on auto parts after affecting the automotive industry first appeared in EL CEO.
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