Import

1. What is the suitable import mode when importing?
The most desirable form of negotiation to make an import is the FOB (Free On Board), which allows us to contract directly with the freight andinsurance.
2. Which information must appear in an invoice?
The Invoice must have: the seller & buyer name and address, currency, incoterm, price, dimensions, weight and product description.

3.Which are NON-REIMBURSABLE imports?

NON-REIMBURSABLE imports are: Donations or bad goods under guarantee.

4. What is the base of the import duties?

Custom Base (transportation + insurance) losCustoms taxes are assessed on the CIF (Cost Insurance and Freight) value of goods.

5. Who is in charge of the publication of the new INCOTERMS 2011?

The International Chamber of commerce (ICC)is in charge of the publication of the new INCOTERMS.

6. Which are violations to the Custom Regime (régimen aduanero)?
7. What is the difference between Customs Statutes (Estatuto Aduanero) andExchange Statute (Estatuto Cambiario)?
The Exchange statute applies to the exchange declarations and everything related to foreign currency exchange and its transactions. On the other hand Customsstatute is about taxes when importing
8. Who is in charge of the approval of the import licenses?
The Ministry of Commerce Industry And Tourism is in charge of the approval of the import licenses.9. Which goods can appear at the same import license?

The goods that belong to the same regime can appear at the same import license.

10. What is the name of the document for a generalimport (libre importación)?

The name of the document for a general import is import registry.

11. What is the name of the document for prior import license (licencia previa)?

The name of thedocument for prior import license is Import License.
12. Where is the registration of a prior import license?
The registration of a prior import license must be done at the Ventanilla Unica De...