Binding Ruling
Resolution issued by customs authorities that mandatorily establishes the tariff classification of a specific product. It has legal validity and must be respected by all customs offices in the country.
Resolution issued by customs authorities that mandatorily establishes the tariff classification of a specific product. It has legal validity and must be respected by all customs offices in the country.
Resolution issued by customs authorities that mandatorily establishes the tariff classification of a specific product. It has legal validity and must be respected by all customs offices in the country.
Advance Ruling
An official response issued by customs authorities before an import, establishing with legal certainty the treatment merchandise will receive regarding classification, origin, or valuation.
ClassificationClassification Inquiry
Formal procedure by which an importer or customs broker requests a binding ruling from customs authorities on the applicable tariff fraction for a product. The result is binding on both parties.
ClassificationSAT Classification Criterion
Pronouncement issued by Mexico's Tax Administration Service on the tariff classification of specific goods. It is binding for the authority and serves as guidance for taxpayers.
TariffsTariff Classification
The process of assigning the correct tariff code to a product within a country's tariff schedule, determining applicable duties and regulations.