Argentina: AFIP established reference values for garlic

Published 2021년 4월 21일

Tridge summary

The Argentine Federal Tax Administration (AFIP) has set preventive reference values for garlic exports to 14 countries to prevent under-invoicing, according to General Resolution 4969/2021. The values range from $0.50 to $1.84 per kilogram. Customs is responsible for setting such values for Mercosur Common Nomenclature goods to safeguard fiscal interest. These values help identify potential under-invoicing maneuvers in exports, leading to investigations that can result in fines or legal action. The article also mentions the establishment of reference values for exports of various products and criteria values for imports, which are used to detect fraudulent activities in foreign trade.

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Original content

The AFIP, through the General Directorate of Customs, established this Wednesday the preventive reference value for different types of garlic that are exported to 14 countries, in order to avoid under-invoicing maneuvers. The decision was formalized through General Resolution 4969/2021, published this Wednesday in the Official Gazette. In accordance with the official provisions, values ranging from US $ 0.50 to US $ 1.84 per kilogram were established, according to each of the classifications. These reference prices apply when these products are destined for China, South Korea, the Philippines, Hong Kong, Japan, Taiwan, Thailand, the United States, Canada, Brazil, Chile, Paraguay, Uruguay and Venezuela. Customs is in charge of establishing precautionary export reference values for any of the goods included in the Mercosur Common Nomenclature, which constitute a first control of the declarations in safeguarding the fiscal interest. This control is aimed at perfecting the selectivity ...

Source: Diariouno