AreaMexico

Commodity GroupRice

CommodityAll

Date06/01/2023

Policy CategoryTrade

Policy InstrumentImport tariff, import requirements

DescriptionExtended the validity of administrative import facilities and import tariff exemptions approved in October 2022 for a host of products, including paddy, in an effort to reduce their prices. It also included semi/wholly milled long-grain rice among the commodities enjoying duty-free treatment. The extension is to be valid until 31 December 2023. However, for entities in possession of a Single Universal License and having proof of having entered into a purchase contract, the import facilities could be valid until 30 April 2024, provided that their contracts are submitted to the Tax Administration Service no later than 10 January 2024.