Thursday, November 04, 2010 1:25:26 AM
Import to the U.S. from Mexico.
The duty that the Mexican customs authority will determine (and charge) is figured by applying the corresponding tariff to the CIF (cost of the product + insurance + freight) value of the product. As well there will be a customs processing fee of 8/10th of 1% of the assessed CIF value. Also, there is an Added Value Tax (IVA) on goods and services sold in Mexico (see IVA elsewhere on this site).
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