Go-live of MIC Customs & Trade Compliance Software at Greenfield Mexican Automotive Assembly Plant

News | Central Classification | Customs Filing | Origin Calculation 17 June 2019

The MIC-CUST® Import & Export module provides one single application proven in successfully filing import and export customs declarations in several countries, including Mexico. In the case of Mexico, the software solution does not only enable customers to prepare customs import and export declarations (Pedimentos), but also includes the automated calculation of duties and taxes under the Mexican PROSEC and Regla Octava programs. Additionally, the Mexican automotive fiscal deposit has been implemented, which allows the automotive manufacturer to defer duties and taxes on imported and domestically sourced parts and materials.

Following the implementation of MIC’s OCS software module in South Africa in 2017, BMW Group is now live with MIC-CUST® in Mexico.

Furthermore, in September 2018 MIC also implemented the sub-module MIC OCS SCS, which enables the automated solicitation of supplier declarations in support of multiple free trade agreements. Previously, the module MIC CCS for customs tariff classification was installed. This cost-effective solution allows for the determination, assignment and validation of customs tariffs classifications according to Mexican customs tariff, always ensuring current, valid classifications.

Installation of MIC’s customs and trade compliance software solutions in Mexico allows to effectively save time and money, reduce costs and risks and to ensure compliance with the applicable rules and regulations. Ongoing operations are supported by MIC’s Mexico City office, established in March 2018.

About MIC:

MIC is the world leader in providing global customs and trade compliance software solutions. The MIC group currently employs over 350 professionals around the world. More than 700 international customers rely on MIC software products for their global customs and trade compliance management solutions.

For more information about MIC and how we could help you, please contact us via [email protected].