VATupdate
New Mexico

Share this post on

SAT Confirms CSF Not Required for Electronic Invoicing; Noncompliance May Lead to Fines

  • Mexico’s SAT confirmed that the Constancia de Situación Fiscal (CSF) is not required to issue electronic invoices (CFDI).
  • Conditioning CFDI issuance on the CSF is an infraction and can result in fines from MXN 21,420 to MXN 122,440.
  • Only the recipient’s RFC, name or business name, postal code, and tax regime are needed for invoicing, which can be obtained without the CSF.
  • The rule also applies to payroll invoicing; employers must not require the CSF from employees.
  • Businesses must update billing policies to comply, or risk sanctions, while proper compliance will streamline invoicing and reduce unnecessary paperwork.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Pincvision

Advertisements: