On February 24, 2026, the document Frequently Asked Questions of the E2 Form “Value Declaration” (MV) was published through the Mexican Digital Single Window for Foreign Trade (VUCEM), with the purpose of providing greater operational and legal clarity regarding its proper submission, completion, and compliance.
Below are the main executive points to be considered for the correct application of the E2 Form:
Whom introduce goods into national territory are required to submit the MV, using their e.firma or Digital Seal Certificates (CSD) enabled for VUCEM. This obligation applies to each import operation, except for OEA-certified companies and companies authorized for the automotive bonded warehouse regime, unless expressly required by the authority.
The MV must be submitted prior to the payment of contributions and countervailing duties. The generated folio must be declared in the customs entry (pedimento) within record 507 (e-document) using identifier ED.
- Currency and exchange rate:
The information must be declared in national currency. The exchange rate may be taken from the one published in the Official Gazette of the Federation corresponding to the immediately preceding business day, solely for reference purposes.
Only one valuation method may be declared per value acknowledgment (COVE), selecting the one with the greatest monetary impact.
- Suppliers and subdivisions:
Multiple COVEs may be integrated within a single MV, even from different suppliers. In the case of subdivisions, only the proportional value corresponding to the operation must be declared.
- Supporting documentation:
The available documentation supporting the declared value and the valuation method must be attached, such as the invoice, equivalent document, contract, bill of lading, and other documents provided for in Article 81 of the Regulations of the Customs Law.
The MV may be corrected or supplemented without penalties, provided this is done voluntarily in accordance with Article 73 of the Federal Tax Code (CFF). If the amendment to the customs entry does not affect MV data, it will not be necessary to modify it.
As of April 1, 2026, the E2 format “Calculation sheet for determining the customs value of imported goods” set forth in Annex 1 of the 2018 General Foreign Trade Rules (RGCE) will no longer be applicable, due to the mandatory submission of the Value Declaration (MV) through VUCEM, in accordance with the Eleventh Transitory provision of the current RGCE.
When different billing terms (Incoterms) are involved in a single foreign trade operation, the one representing the highest monetary value must be declared, making the corresponding clarification in the “Upload files” section.
- Goods imported under consignment:
In import operations under the consignment scheme, the information corresponding to the “Price to be paid” section must be entered, and the available documentation must be submitted, in accordance with Article 81 of the Regulations of the Customs Law.
- Contracts in a language other than Spanish:
When the contract related to the operation is in a language other than Spanish, it will not be mandatory to attach its translation at the time of submitting the Value Declaration (MV).
The PDF document of the FAQs published in VUCEM is attached for full reference.
J.A. DEL RÍO offers a wide array of specialized consulting services to assist you with these and other matters, in order to ensure that your project complies with the applicable characteristics contained in this agreement.
If you have any questions, J.A. DEL RÍO can provide you with our experts to advise in matters concerning compliance with your legal and tax obligations. Once again, please let us know if we may be of any further assistance to you at: contacto@jadelrio.com.
