By the end of the year, Mexico’s new regulations for shipments traveling through the country are set to go into effect, which adds more requirements and documents for anyone shipping goods across the country. These new regulations from the Mexican Tax Authority (SAT) are an attempt to help reduce cargo theft and the movement of smuggled goods through Mexico. According to Freightwaves, on December 1st the SAT will begin trial enforcement without liability of the waybill information, and officially be in full enforcement on January 1st, 2022.
What will be required?
Part of this SAT requirement is entities sending good through Mexico to modify their electronic invoices with a bill of lading (BOL) supplement. Shippers, carriers, etc., are at the risk of being fine up to $4,500 if they do not have the correct documentation. Some of these new BOL requirements include: type of transportation (national/international), travel distance, quantity and description of goods, custom tariff code, packing type, commodity and hazmat codes, vehicle’s owner name, operator’s name and domicile, and detailed locations pertaining to origin and destination.
All freight traveling by road, rail, air, or sea through Mexico will be required to have the BOL supplement, regardless of whether it is crossing the border. Anaid Chacon, Nuvocargo’s head of product said this new requirement is something you have to do for every shipment, which will require more time and more coordination. Chacon also mentioned that the BOL supplement requires documentation from both the shippers and carriers, involved in the shipment.
When it comes to cross-border shipping, it’s important that the transportation team you select is familiar with that country’s clearance procedures as well as being prepared to deal with any bumps in the road. If you have questions or would like assistance on your cross-border shipments, reach out to a team member today and we would be happy to get things started and discuss further with you.
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