The client consulted us about the formalities to be complied with as a result of a regulatory change in the customs legislation that affected its import operations. Failure to comply with the new formalities required by the legislation led to the application of fines up to 30% of the value of their imports.
As a consequence of the client’s request, we provided a detailed explanation of the considerations to be taken into account when paying the price to its suppliers. We also prepared a document to be submitted to the Customs Administration in order to avoid the commission of an infraction. As a result, the client was able to successfully carry out its operations.
