Customs debt and guarantees
Find out what you must pay for importing or exporting goods and the provision of guarantees
Obligation to provide guarantee
The removal of imported merchandise from the customs facility is conditional on the prior payment of accrued taxes or, alternatively, on the constitution of a guarantee.
Thus, the Union Customs Code establishes that the amount of the customs debt must have been satisfied or guaranteed for the granting of the release of the merchandise if the admission of a customs declaration implies the creation of the same.
Furthermore, when, in relation to the customs regime for which the goods are declared, the customs authorities require the constitution of a guarantee, the release of said goods for the customs regime in question may only be granted once said guarantee has been established.
In relation to VAT on imports , neither the Law nor its implementing regulations contain rules as detailed as the CAU . However, it refers to customs legislation in relation to imports of goods. Also giving the mandate that the guarantees that are appropriate to ensure compliance with the corresponding tax obligations will be determined by regulation.
In relation to the Collection of the Tax on imports , the tax regulations provide for the possibility of establishing a guarantee for certain foreign traffic operations.
Likewise, the Special Tax Law also refers to customs legislation for the settlement of the tax.