With effect from 1 January 2015, companies which have obtained VAT and Excise Tax Certification or which will guarantee the fiscal interest, will be obliged to electronically transmit monthly discharge reports relating to temporary import declarations on withdrawals from bonded warehouses, returns, regime changes, and virtual transactions (among others).
On 18 November 2014, Annex 31 of the General Rules on Foreign Trade for 2014 (SCCCyG for its acronym in Spanish) was published in the Mexican Official Gazette. The information specified in this document must be electronically transmitted through the Authority’s website (Portal de trámites del SATS) by companies which have obtained VAT and Excise Tax Certification or which will guarantee the fiscal interest as of 1 January 2015.
Under the new rules, companies must initially transmit the inventory of the operations performed, according to the applicable customs regime, as of the previous date on which the Certification enters into force, or when the approval to operate under the guarantee scheme is obtained. Such transmission must be made within the next 30 days.
Subsequently, companies must electronically transmit on a monthly basis to the SCCCyG, the discharge reports related to the temporary import declarations derived from withdrawals from bonded warehouses, returns, regime changes, virtual transactions and goods regularizations, plus sections B and C of the Transfer Certificates (CTMs for its acronym in Spanish) or, if applicable, tax receipts that support the sale of goods to OEMs or vehicle manufacturers.
For further information please contact Ivan Jaso, Partner of PwC Mexico (email: firstname.lastname@example.org, tel: +52 555 263 8535)