Mexico’s Commercial Identification Numbers (NICO). What are they and how to stay in compliance.

The law contains new tariffs, taxes, and provisions on Mexico’s Commercial Identification Numbers (NICO) and Harmonized Tariff Schedule (HS Codes).

The Commercial Identification Number (NICO) is a new project of the General Import and Export Duty Law (LIGIE) as part of the modernization of the Mexican Customs Tariff Rate. Which consists of a fifth pair of digits in addition to the eight that conforms to the Mexican Customs Tariff rate.

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