RULE 7.4.6: CASES IN WHICH THE BOND OR LETTER OF CREDIT WILL BE ENFORCEABLE

The bond or letter of credit indicated in the rules 7.4.1. (RGCE 2020: Regla 7.4.1) and 7.4.7. (RGCE 2020: Regla 7.4.7), will be enforceable, in the following cases:

I. When derived from the exercise of its faculties of verification, the authority determines the breach of obligations of the taxpayer with respect to the taxes guaranteed under said bond or letter of credit, in relation to the guaranteed merchandise.

II. In the event that the renewal of the bond or the extension of the validity of the letter of credit is not presented through the Digital Window before the period indicated in the first paragraph of rule 7.4.4. (RGCE 2020: Regla 7.4.4) and second paragraph of rule 7.4.7. (RGCE 2020: Regla 7.4.7), the taxpayer may not continue to exercise the option of the guarantee and will be enforceable the payment of the guaranteed taxes of those merchandise that the return or destination is not proven in accordance with the customs regime to which they are subject.

General Rules of Foreign Trade (RGCE) 7.4.1. (RGCE 2020: Regla 7.4.1), 7.4.4. (RGCE 2020: Regla 7.4.4), 7.4.7. (RGCE 2020: Regla 7.4.7)