Ambit was able to access exclusively the documentation that confirms that a group of firms increased their temporary imports exorbitantly and never sold the final products abroad. It would then be “ghost exports” In other words, they used the regime only to access dollars at the official rate and evade all current exchange legislation.
There are at least three companies in the textile sector that have already been denounced by the competent authorities. These are LABIOFAM Argentina SA, INDICARGO SA and CARIBE CARGO SA that in the last year and a half brought merchandise worth US$12 million. The General Directorate of Customs, in a joint effort with the AFIP, which now conducts Charles Castagnetocarried out control tasks at the homes of the firms and was able to verify that the products were not in the factory, that they had not been exported or used for an industrial improvement process.
The increase in imports by this route set off the alarms in the body that conducts William Michael. For example, LABIOFAM Argentina, which in all of 2021 had imported US$181,512, between January and July of this year increased its purchases abroad to US$913,885. As this medium learned, there are more companies that would be using this mechanism and that are already under the scrutiny of the authorities.
The aforementioned firms allegedly committed an infraction that is typified in article 970 of the Customs Code and that provides for a fine of one to five times the amount of taxes. For this reason, Customs sued Caribe Cargo SA for US$1,290,630.17 for fiscal damage, and US$496,701.78 as a fine. It also did so with Labiofam Argentina SA, for US$209,635.99 and US$2,096.36, respectively. The same thing happened with Indicargo SA for US$3,600,345.06 and US$1,276,545.46.
The Government has this type of maneuver under scrutiny due to its impact on the reserves of the Central Bank of the Argentine Republic. But as the cases multiply, the concern also reaches the industrial sector, which in a context of difficult access to productive inputs, sees in these behaviors a scenario of unfair competition.
Source: Ambito
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