ARTICLE 28: REGIME CHANGE OR RETURN OF MERCHANDISE WHEN THE PROGRAM IS CANCELED

When the Ministry notifies the cancellation of the Program, the company must change to the definitive import regime or return in the terms of the Law the merchandise temporarily imported under its Program, within a period of 60 calendar days from the date on that said cancellation be notified. (RGCE 2022: Regla 7.2.8)

The Service Tax Administration (Servicio de Administración Tributaria) may authorize, for a single time, a period of up to 180 calendar days to comply with said obligation, provided that the provisions of the General Rules on Foreign Trade are complied with. (RGCE 2022: Regla 4.3.6)