Argentina: Customs sets reference values for the export of peanuts

Published 2021년 10월 5일

Tridge summary

Argentina's General Customs Directorate (DGA) has set reference values for the export of peanuts, as per the federal revenue administration's general resolution 5077/2021. This move aims to benefit the local industry and producers by providing clear rules for foreign trade and encouraging standards in the export sector. The reference values serve to safeguard fiscal interests, identify potential tax evasion schemes, and regulate the inflow of foreign currency into the exchange market. The resolution covers blanched peanut exports to 21 countries and marks a restoration of 18 reference values for various products, a move that reverses a trend of dissolving such values during the previous government.

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Original content

World economic crisis, econom world, bags, euro The General Customs Directorate (DGA) established reference values for the export of peanuts, through general resolution 5077/2021 of the Federal Administration of Public Revenues (AFIP) published today in the Official Gazette. Argentina is the world's leading exporter of blanched peanuts, whole and split; and to establish the reference values, Customs carried out an analysis of the evolution of prices in international markets. "The reference values are an instrument that benefits the local industry and peanut producers. We set clear rules for foreign trade in order to encourage the export sector that meets the standards," said the head of Customs, Silvia Traverso, it's a statement. The reference values offer a first control of the declarations in safeguard of the fiscal interest and allow to detect deviations with respect to the usual values for identical or similar goods, they argue from the portfolio. In ...

Source: Todomani