When talking about foreign trade we can´t avoid the word customs, although we know the term and associate it with the international transit of people or products, we have never fully explored it. That is why, throughout this post, we will explore what customs is and how it works.
Customs is a public office that regulates the international traffics in and out of a country, in other words, it is in charge of monitoring and controlling people and goods entering or leaving a territory.
Customs can be found at an airport, port or a transit area. Whatever is the case, the objective is still the same, control the taxes, regulate the migratory traffic of people; allow or prevent the traffic of products and supervise the countries’ imports and exports.
Customs in Mexico are regulated by the General Customs Administration, a Federal Government entity under the Tax Administration Service (SAT). It ensures compliance with the regulations established by the Ministry of Finance and Public Credit (SHCP) in foreign trade matters, guaranteeing national security, preventing the flow of dangerous or illegal goods into Mexican territory, and protecting the country’s economy, public health and the environment.