Admission (Temporary)
Customs regime under which the entry of imported goods into the customs territory of a country is permitted, with suspension of import duties and taxes, for a defined purpose and intended to be re-exported, either in their original state or as a result of certain transformations or repairs within a pre-established period in the regulations governing this regime.
Administration (Customs)
Administrative unit in charge of the application of legislation relating to the import and export of merchandise, as well as the control of traffic of goods entering or leaving a customs territory, performing their valuation, classification, and verification, and the application and enforcement of a tariff regime and prohibitions, the latter of which can be economic and non-economic.
Airport
It is a station or terminal situated on level ground that has runways, facilities, and services intended for aircraft traffic. Airports allow the takeoff and landing of passenger or cargo aircraft, in addition to providing them with fuel and maintenance.
Airport (International)
It is an airport typically equipped with customs and immigration facilities to manage international flights with other countries.
Assessment (Customs)
Evaluation of merchandise by the customs authority for the purpose of paying customs duties.
Agency (Shipping)
Shipping agencies are the representatives of the Shipowner in a given port, therefore their primary function is to represent their client.
Agent (Customs / Customs Brokers)
A customs agent is the person authorized by the Tax Administration Service who, just like a customs agency, clears goods in the different customs regimes provided for in the Mexican Customs Law. Learn more about what a customs agency or customs agent is and their functions.
Agent (Freight Forwarders)
It is an agent who acts on behalf of exporters, importers, and companies in order to organize the shipment or transport of merchandise in a cost-effective, reliable, and efficient manner. In English, this term is called Freight Forwarder. The forwarder is a key element in international trade operations, as they handle managing the shipment of goods globally. Forwarders specialize in reducing costs, facilitating and optimizing transport logistics.
Agents (Consolidating)
It is an operator other than the carrier (natural or legal person in charge of carrying out the international transport of goods), who loads merchandise from one or more final consignees in a grouped form under their own name and responsibility.
Agent (Customs Transport)
It is the visible or ideal person who, on behalf of the carriers, is in charge of the procedures related to the presentation of the transport means and its cargo before Customs. There is no distinction regarding the type of transport used, whether land, maritime, or air.
Area (Private Storage / Private Warehouse)
Enclosure duly individualized in the destination document, where foreign merchandise remains within a certain period (maximum 90 days) under customs authority.
Approved General Deposit Warehouse
They are auxiliary credit organizations. Their main objective is the storage, safekeeping, control, preservation, handling, distribution, or commercialization of goods or merchandise destined for their custody, covered by a certificate of deposit and a pledge bond.
Authorized Customs Attorney / Representative
In short, it is a natural or legal person authorized by another natural or legal person to carry out foreign trade activities.
Aircraft and Vessel Provisioning
Shipment of goods—national or foreign—destined for vessels and/or aircraft—national or foreign—that do not perform international transport.
Assessment Rate / Duty (Tariff)
It is a tax or customs duty, which is collected on merchandise when it is imported or exported.
Area (Customs)
It is the part of the political territory limited by the customs line, that is, the territorial extension in which, for merchandise coming from abroad to have access and also to clear the exit of those from the country, the provisions of specific customs legislation and, when applicable, the tariff duties or taxes, which are a natural consequence of that legislation, are made effective.
Armador (Shipowner / Vessel Operator)
Person under whose name and direct responsibility runs the expedition or the "commercial or nautical management" of the vessel, managing the exploitation of the ship, both nautical and commercial.
Arrangement of Cargo (Stowage)
Conditioning of the cargo of a ship so that it is not damaged or spoiled.
Assurance (Self-Insurance)
It is that situation in which a person, whether natural or legal, bears with their own assets the consequences that may derive from possible losses in their commercial or industrial line of business, that is, without resorting to the intervention of any insurance entity.
Auxiliaries of the Customs Service
Also trade auxiliaries; they are visible or ideal persons, known as foreign trade agents, to manage on behalf of and for a third party the registrations and procedures for the introduction and extraction of merchandise before the oversight body. It is important to note that since they are the link between the importer or exporter and the control bodies, given the importance of the work they develop, they must be previously authorized by Customs, for which they are required to pass a proficiency exam on the matter.
Balance of Trade
Set of commercial transactions carried out by a country with the exterior in a given period (one year), consisting of imports and exports of merchandise considered as a whole, externalizing the result in three different ways according to the results of the total exchanged values, namely: balanced trade balance (when import and export balance out), deficit or unfavorable (excess of imports over exports), and favorable or with surplus (excess of exports over imports).
Balance of Capital
It is that part of the balance of payments that records capital movements both in the short and long term and the variation of a country's foreign exchange reserves against the rest. It also includes foreign aid and purchases of goods and services.
Boat (Vessel)
Artifact made of wood, iron, or steel that floats on water and can transport people or things; it is also referred to with the synonyms: ship, vessel, or craft.
Barrier (Trade)
Those obstacles imposed at a national level that limit free exchange in order to protect the economy, such as: tariffs, quotas, import deposits, etc.
Broker
In an organized market, it is the agent who serves as an intermediary between the buyer and the seller of a commodity or service. / Distributor acting in an area or market. It is usually a kind of wholesaler that consolidates demand and offers through a large network of buyers and sellers. This person can put the seller in contact with a series of buyers, and for this, they are either paid a commission or a contract to follow up on their operations.
Boat / Bulk Carrier (General Cargo)
They are known as multipurpose. They transport diverse merchandise, general cargo, bulk, containers, and can even carry some small tanks. Cargo of all types is transported, generally palletized, and they can also carry containers on deck.
Cabotage
Navigation or traffic carried out by vessels between the ports of their nation without losing sight of the coast, that is, following a route from cape to cape. The maritime and customs legislation of each country usually alters its limits in the administrative concept, but without commonly modifying its technical concept.
Carriage / Cargo Truck
Motorized vehicle conceived for the transport of merchandise, provided with a cabin and bodywork, and with a minimum payload capacity of 2,000 kg. / Free-operating motor vehicle destined for cargo transport. Excludes light two-axle vehicles, which are assimilated to passengers.
Cargo
This is the name given to those goods that are the object of transport through the payment of a price. Cargo can also refer to the merchandise that a ship, airplane, or other type of transport vehicle has in its hold or warehouse at a given time. It can also be understood as the tonnage of cargo that a ship can transport in its holds.
Credit Letter (Letter of Credit)
A letter of credit is a payment tool governed by international standards. This instrument allows a person to instruct a bank to materialize a payment to a third party, provided that certain conditions are met.
Carriage Note / Consignment Note (Waybill)
It is a declaratory legal document that proves the existence of a transport contract. It informs about the terms in which the agreement took place and attributes rights over the transported merchandise.
Certificate of Origin
It is an official format through which the exporter of a good or an authority certifies that the good originates from the country or region for having complied with the established rules of origin. This document is required in the destination country in order to determine the origin of the goods.
Commerce (Foreign / International Trade)
It refers to the set of transactions of a commercial and financial nature that involves the exchange of goods and services between a particular country and other countries or nations.
Conductor / Driver
Person in charge of a vehicle. The agents or legal representatives of the Transport Company. Bill of lading or B/L (by its initials in English, Bill of Lading) is a document specific to maritime transport used within the framework of a contract for the transport of goods on a liner vessel. The purpose of this document is to establish the rules of the contractual relationship between the shipper, the consignee (or recipient), and the carrier, giving confidence to each party regarding the behavior of the others.
Consignor or Consignee with Clearance License
Natural or legal person (exclusive appointment of the Director of Customs) who on their own account and habitually receive or ship in their name or order, as final recipients in bills of lading, waybills, air waybills, or manifests.
Container
It is a cargo container for maritime or fluvial transport, land transport, and multimodal transport. These are watertight units that protect merchandise from the weather and are manufactured in accordance with ISO (International Organization for Standardization) regulations, specifically ISO-668; for this reason, they are also known as ISO containers.
Control Onboard and Inspection of Transport Means
Operation by which Customs goes onboard a transport means to collect information on: persons responsible for the vehicle, document control (commercial-transport-cargo), provisioning products (stores), crew, and passengers.
Consignee
Person designated by the shipper of the product to take charge of it and deliver it to the importer; the consignee and the importer may be the same natural or legal person, if so determined by the sender thereof.
Commercial Brokers
People whose habitual profession is bringing together supply and demand, that is, sellers or buyers of goods and services.
Credit (Documentary)
Commercial instrument through which an agreement or commitment is accredited, whereby a bank, acting at the request and according to the instructions of a client, must pay the beneficiary or must pay, accept, or negotiate bills of exchange or authorize them to be paid, accepted, or negotiated by other banks, against the delivery of the documents stipulated in the terms and conditions of the credit.
Declaration (Customs)
This is the name given to the printed form, duly completed by the importer/exporter, whose main objectives are: to allow the assessment and collection of duties, taxes, or other levies that must be paid for the goods, and; to supervise the import/export of merchandise subject to limitations and/or protections (flora, fauna) and/or prohibitions and/or exemptions (duties).
Deposit (Fiscal / Bonded Warehouse)
Consists of the storage of goods of foreign or national origin in general deposit warehouses that can provide this service under the terms of the General Law of Auxiliary Organizations and Activities of Credit and are also authorized for this purpose by customs authorities. The fiscal deposit regime is carried out once foreign trade taxes and compensatory duties have been determined.
Duties or Customs Taxes
Those that fall on goods entering (import duty) or leaving (export duties) a customs territory.
Denomination of Foreign Currency (Divisa)
International means of payment represented by a foreign currency emerging from the credits that one country has against another for the supply of merchandise, capital, or services, or by the authorizations that the latter has granted to make payments by temporarily overdrafting.
Documents for Customs Clearance
Those commercial documents that formally represent the existence and ownership of the merchandise to which they refer and which are, ultimately, the final object of the respective transaction. Requirements in different destination countries are usually not the same regarding the required documentation and are sometimes variable, even within the same country, depending on the type of merchandise. The most frequently required documents are: commercial invoices, certificates of origin, certificate of value, health or veterinary certificate, packing list, bill of lading, air waybill or consignment note, insurance policy or certificate.
Drawback
Restitution or return, total or partial, of import duties or other internal taxes on imported raw materials or merchandise when they are re-exported, either with a higher degree of processing or forming part, to a greater or lesser extent, of other articles that are exported.
Duties (Customs)
Duties established in the Customs Tariff and/or National Legislation, to which merchandise entering or leaving the Country is subject.
Duty (Specific)
Tax that levies imports in a fixed amount of money for each unit of measurement (previously established), which can be kilogram, liter, dozen, meter, etc.
Dispatcher (Customs / Broker)
That natural or legal person empowered to carry out the customs clearance of goods.
Dispatch / Customs Clearance
Set of acts and formalities relating to the entry of merchandise into the national territory and its exit from it, which, according to the different traffics and customs regimes established in this regulation, must be carried out before customs, customs authorities, and those who introduce or extract merchandise from the national territory, whether they are consignees, recipients, owners, possessors, or holders in imports and senders in exports, as well as customs agents, using the electronic customs system.
Destination (Customs)
It is the manifestation of the declarant's will, expressed through the customs declaration of goods, with which the customs regime to which the merchandise under customs authority must be subjected is indicated.
Division of Goods
Physical separation to which goods covered by the same bill of lading or other document replacing it may be subjected.
Domicile (Fiscal / Tax Domicile)
It is the place of location of the taxpayer in their relations with the Tax Administration. For natural persons, the fiscal domicile will be the place where they have their habitual residence.
Embarkation / Shipment
Understood as the action of loading merchandise onto the means of transport in which they are to leave the customs enclosure bound for abroad or to other Customs offices in the country.
Effects (Personal)
Articles that, by their nature and quantity, the passenger can reasonably use during the course of the trip, taking into account the duration, circumstances, and objective of the trip, as well as their profession, activity, and characteristics, excluding merchandise that by its type, quantity, or value presumes to have a commercial character or objectives.
Enclosure / Outer Packaging (Embalaje)
The packaging or wrapping that temporarily contains products, mainly to group units of a product for handling, transport, and storage. Other functions of packaging are: protecting the content, facilitating handling, informing about its handling conditions, legal requirements, composition, ingredients, etc.
Envelope / Package (Empaque)
Everything that protects and preserves the qualities of the product, facilitates its transport and handling. This can provide higher sales rates through the presentation it gives to the product.
Express Delivery Companies (Courier)
Legal entities with an organization destined for the provision of express international transport services by air or land for correspondence, documents, and shipments of goods that require urgent translation and immediate disposal by the recipient.
Export / Exportation
Defined as sending a product or service to a foreign country for commercial purposes.
Exporters
Those who make the export declaration.
Freight
Price paid for the transport of merchandise, referring to the latter with the denomination of cargo.
F.O.B.
From the English "free on board". It means, in relations between charterer and shipowner, that the shipping expenses are on account of the former, and that the carrier will deliver the cargo in the port alongside the vessel.
Guarantee
Obligation and accessory with the purpose of ensuring: payment of duties, taxes, fines, other levies, and compliance with other obligations before the Service.
Government Levy / Customs Charge
Known as a type of levy, the rate applied to the taxable base and which represents the tax quota. This rate can be fixed or variable and is expressed through a percentage. The specific application of the term will depend on the branch of law in question.
General Air Waybill
The air waybill is a non-negotiable instrument that serves as a receipt for the sender and is issued by the airline or by the consolidator; the AirWay Bill indicates that the carrier has accepted the goods contained in the list and that it undertakes to transport the shipment to the destination airport, according to the context noted on the back of the original waybill.
General Courier Waybill
Document serving as proof of the contract between the shipper and the Express Delivery Company (Courier), which is equivalent to the Bill of Lading for each shipment. It must specify in detail the content of each of the packages it covers.
Import / Importation
The transport of goods and services from abroad, which are acquired by a country to distribute them inside it. Imports can be any product or service received within the border of a national State for commercial purposes.
Importer
Natural or legal person who acquires foreign goods or contracts services provided by foreigners.
Import Value Added Tax (VAT)
Tax fixed on Imports, calculated by percentage on the customs value plus Customs duties.
Intermediary (Broker)
Person or company that frequently acts as an intermediary between the buyer and the seller, usually through the payment of a commission. Also called "agent" or "broker".
Intermodal Transport
Refers to the articulation between different modes of transport using a single cargo unit (generally containers), in order to perform transfer operations of materials and merchandise faster and more effectively during the transfer of cargo from a point of origin to a point of destination. Truck and rail are considered different modes of transport within land transport, and maritime transport and inland waterway transport within water transport.
Jurisdiction (Customs)
Portion of the customs territory within which merchandise is subject to customs surveillance and regulation. It includes not only the ports or other places where customs offices are situated, but also the radius of coastal or land surveillance to which that jurisdiction extends. The customs area or territory is generally confused with the political territory, the customs jurisdiction being the concrete place or enclosure where tariff or other formalities are fulfilled.
Legalization
Administrative act through which the competent authority accredits the authenticity of a document or a signature, attributing legal effects to it.
Legislation (Customs)
Customs law in charge of regulating merchandise entering and leaving the country, simplifying, adapting, monitoring, and modifying customs processes carried out in the national territory, which facilitates compliance with commitments acquired regarding commercial agreements and international practices.
Liberation / Customs Release (Levante)
Act by which interested parties are authorized to dispose of the merchandise that is the object of customs clearance.
Lines (Airlines)
An airline is an organization or air transport company that is exclusively dedicated to the transport of passengers, cargo, or animals, through the use of an airplane or aircraft.
Lines of Credit
Refers to the credits that banks put at the disposal of the user for certain purposes. Settlement (Liquidation) is the action and result of settling, which means, among other things, finalizing the total payment of an account, adjusting a calculation, or finishing a certain state of something. Logistics is the set of means and methods that allow carrying out the organization of a company or a service. Business logistics implies a certain order in the processes involving the production and commercialization of merchandise.
Manifest
Detailed statement of the entire cargo of a transport, which must be presented by the carrier to the competent authorities that require it. This document contains details of mark, number, type of merchandise, kilos, shippers, consignee, or any other information that may be required by the customs or consular authority in the export and/or import countries.
Manifest (Courier)
Document that must contain the individualization of each of the Courier Waybills transported by a vehicle or International Messenger (air or land) and through which the goods are presented and delivered to Customs in order to access Courier treatment.
Maneuver / Handling
Art of giving vessels all their movements. Action done onboard a ship with its rigging.
Mediums of International Payment
Those employed in international trade as a consequence of operations abroad. Means of payment prove irreplaceable in the international market.
Market
In common language, a market is understood as a place—which can be a square or a building—where certain goods are sold and bought and some services are contracted, with or without the intervention of intermediaries; therefore, the market is a necessary element of any economic organization founded on the division of labor and exchange.
Market (Common)
The elimination of barriers to trade between a group of countries, so that the products of each of them have free access to the interior of the others as if it were their own territory, with no additional cost other than transport. For the purposes of trade between these countries and also with the rest of the world, all those forming the group constitute a single territory or market, with a uniform external customs tariff regarding the others.
Merchandise
A commodity is any object feasible to be commercialized or exchanged in the market. It is characterized by being able to satisfy some consumer need. That is, a commodity is any good that people can buy and/or sell. Thus, through that transaction, it seeks to cover a demand.
Merchandise (Courier)
Those susceptible to being imported or exported through Express Delivery Companies (Courier): Documents - Shipments - Parcels. Shipments or Parcels requiring verified express clearance. Everything that does not fall within the established concepts must submit to normal treatment.
Merchandise (Foreign)
That which comes from abroad, whose import has not been legally consummated, that placed under suspensive, temporary, or processing regimes, as well as that produced or manufactured in the country and which has been nationalized abroad.
Merchandise (National)
That produced or manufactured in the country with national or nationalized raw materials.
Merchandise (Nationalized)
Foreign merchandise whose import has been consummated and remains released at the disposal of interested parties.
Merchandise Presumed Abandoned
Those that, having met legal deadlines, remain without clearance processing or notification from the consignee or owner, remaining available—de facto—to the Service.
Merchandise Samples
They play an important role in international trade in general. Almost all purchase operations abroad are usually based on the prior study, by the importer, of some samples of the product in question. Samples of products are also exhibited at international fairs as showcases for future commercial operations. Customs Administrations contain specific and flexible regulations in their respective legislations for the entry of samples, generally with tax facilities.
Monetary Penalty (Fine)
Pecuniary sanction imposed on those responsible for customs administrative infractions.
Operators of Foreign Trade
Customs dispatchers, operators of authorized customs enclosures, carriers, postal service concessionaires, owners, consignees, and in general any natural and/or legal person intervening or benefiting, by themselves or through another, in customs operations or regimes provided for in the Law, without any exception.
Organization (International Organization for Standardization)
In English, International Organization for Standardization (I.S.O.). International organization specialized in standardization, which groups a very important set of national standardization centers from different countries. The object of the I.S.O., according to its Constitution, is to favor the development of standardization in the world with a view to facilitating the exchange of goods and the provision of services between nations, and to develop cooperation in intellectual, scientific, technical, and economic domains. This organization was instituted in 1946; its headquarters are in Geneva, Switzerland.
Primary Country of Origin
By this it is understood, if it concerns natural products, where they are produced, and if manufactures, the place where the transformation has been carried out to give them the condition with which they are introduced into the importing country.
Primary Country of Provenance
Understood as the country from which the merchandise arrives directly, without considering whether it was produced or manufactured there.
Perimeter (Special Border Surveillance)
Portion of territory located in secondary zones, in which the existence and traffic of merchandise are subject to prohibitions and restrictions established by the Service.
Period / Deadline
Epoch fixed for the fulfillment of an obligation.
Policy (Insurance)
Document stating the conditions stipulated between insurer and insured regarding the insurance contract. Applicable premiums are calculated based on the validity time of the contracts, the insured value, and those of the specific risks of the cargo and the risks run during its handling and transport.
Power of Customs Authority
Set of attributes that the Service has to control the entry and exit of merchandise to and from the national territory and to comply with the legal and regulatory provisions governing customs actions.
Price
Estimation made of a commodity in terms of another, regarding the value that each one individually represents.
Price (Market)
Price that at a given moment and with demand and supply acting with relative freedom puts goods spontaneously into commercial traffic.
Precinct Seal / Security Seal
Thread - twine - band or similar articles intended to be used in combination with a seal.
Price (Normal)
In the market, with free play of supply and demand, there is a normal price that is not circumstantial, but a trend, toward which offers are directed.
Presentation of Goods to Customs
Delivery to Customs of documentation among which is included the cargo manifest made by the person in charge of a vehicle.
Products (Basic / Commodities)
Agricultural, livestock, or mining products that do not have or have not undergone major industrial treatments.
Product (Perishable)
That product whose commercial life is short.
Port
By extension, that space destined and oriented especially to the flow of merchandise, people, information, or to provide shelter and safety to those vessels or crafts in charge of carrying out said tasks.
Port (Free / Franco)
A port with a relaxed jurisdiction with respect to the rest of the country. In most cases, this means it is tax-free or with favorable regulation. These regions usually have a special and more developed autonomous policy.
Restricted Special Enclosures
Areas belonging to Customs Warehouses, destined for the conservation of dangerous goods in which the necessary safety measures must be observed.
Restricted Port Area
Space comprised between the shelter works or external line of demarcation of the aquatic operational area, and the terrestrial perimeter limit of the area where port facilities are located.
Review (Physical Examination)
Operation consisting of verifying what has been declared, through one or more of the following actions: examining the goods, verifying their nature and value, establishing their weight or measure.
Review (Prior Examination)
Right of the owner, consignee, or their principals to perform, in the presence of the depositary, the verification and check of the situation or condition of the merchandise without the intervention of the customs authority.
Re-export / Re-exportation
When merchandise coming from abroad is cleared to the market in a country, to be subsequently loaded again bound for other destinations. It is said that this merchandise has been "re-exported" because it has undergone two exports: from its country of origin to the territory of such or such country and from there to a third party afterward.
Regime (Customs)
Treatment applicable to merchandise found under customs authority and which, according to the nature and purposes of the operation, can be definitive, temporary, suspensive, or for processing.
Restrictions and Customs Prohibitions
Numerous procedures for restricting import and export trade are usually opposed to customs exemptions; these prohibitions can be general, limited, permanent, or temporary, and are explained by various purposes: fiscal, industrial or commercial protection, public health protection, defense of intellectual or artistic property, etc.
Removal / Withdrawal of Goods
Act by which interested parties are allowed to dispose of the merchandise that is the object of customs clearance.
Return of Cargo
Return to the place of origin in the same vehicle of the cargo arrived at the place of its destination and not unloaded.
Terminals (Storage)
Warehouses destined to deposit cargo to be loaded or unloaded, transported by air, maritime, land, postal, fluvial, and/or lacustrine ways. They must be considered for all purposes as an extension of the primary Zone of the customs jurisdiction to which they belong, therefore, merchandise that will be the object of customs regimes and operations established by the General Customs Law can be received and cleared therein.
Terminals (Postal Storage)
Warehouses installed and operated by Postal Service Concessionaires, to which postal items and/or correspondence are driven for classification, storage, and dispatch.
Termination of Unloading
Understood for customs control purposes as the last day on which the transport vehicle finishes unloading, for which the customs authority must record said act in the corresponding document.
Transshipment
Direct or indirect transfer of goods from one vehicle to another or to the same one on a different trip, including its discharge to land with the same purpose of continuing to its destination (a certain period elapsing between arrival and departure).
Transit
Passage of foreign goods through the Country when this forms part of a total journey begun abroad and which must end outside its borders. The case of foreign merchandise unloaded by error or other qualified causes in primary zones or authorized places and that have not left said enclosures will also be considered "transit", provided that the arrival and subsequent shipment have been carried out by sea or air.
Transport (International)
Traffic of vessels or aircraft—national or foreign—(cargo or passengers) toward or from abroad, authorized by the Civil Aeronautics Directorate - General Directorate of the Maritime Territory and Merchant Marine, as appropriate.
Transport (Internal)
Transport of persons (embarked) or merchandise (loaded) in a place within the National Territory to be disembarked or unloaded in a place situated within the same National Territory.
Transport (International Multimodal)
Carriage of merchandise by two or more different modes of transport (truck, wagon, ship, air), by virtue of a multimodal, plurimodal, or combined transport contract, from a place situated in a country where the multimodal transport operator takes the goods, under their responsibility and custody, to deliver them later in another place situated in a different country. The essential characteristics of this system that distinguish it from traditional segmented transport are, first, that it is a system based on a "single contract" and, second, that the multimodal transport operator who assumes responsibility for the fulfillment of the contract acts as a "principal", and not as an agent of the user or shipper, or of the carriers integrating the different modes of transport. This principle is based on the "door-to-door" transport service of merchandise, significantly reducing documentation and compliance with other formalities that are customary in traditional transport.
Transporter / Carrier
Person who effectively moves the goods or who has command of the transport or responsibility for it.
User
Natural or legal person who has agreed with the Managing Society the right to develop activities by installing themselves in a Free Zone.
Value C&F
Sale clause (Incoterms) that includes the value of the merchandise in the Country of origin and the freight to the destination point.
Value CIF
Sale clause (Incoterms) that includes the value of the merchandise in the Country of origin, the freight, and the insurance to the destination point.
Value FOB
Sale clause (Incoterms) that considers the value of the merchandise placed onboard the vehicle in the country of provenance, excluding insurance and freight.
Zone (Special Examination / Recognition)
Enabled area within customs warehouses destined for the physical examination of merchandise, according to the Law.
Zone (Free Trade)
Part of the national territory duly delimited, in which the merchandise introduced therein is considered as if it were not in the customs territory with respect to import duties and taxes, and is not subjected to habitual CUSTOMS control.
Zone (Primary)
Part of the customs territory that comprises customs enclosures, aquatic or terrestrial spaces destined or authorized for unloading, loading, mobilization, or storage operations of merchandise; offices, locals, or dependencies destined for the direct service of a customs office; airports, premises, or authorized roads and any other site where customs operations are normally performed.
Zone (Secondary)
It is that part of the customs territory corresponding to each customs office in the distribution made by the National Superintendent of Customs for purposes of the competence, intervention, and obligations of each one.