In this sense, he brought up the issue of overinvoicing, which “is a crime that at this time has been promoted and its root problem is the gap”.
He explained that “overinvoicing is pretending to import a merchandise that is worth US$1,000, for example, at US$2,000 so that this difference remains abroad and then bring it not at the official exchange rate, but at the Cash with Liquidation (CCL) or at the blue or bitcoin, which allows you to make a significant profit in the financial market”.
As for the modus operandi of the overinvoicers, the head of the Customs explained that “more sophisticated foreign trade mechanisms are used, which is that the merchandise originates from one country, but is re-invoiced through a company from a third country” .
In this regard, he clarified thatand “triangulating is not a crime, but it is a triangulating crime by overbilling with a related company”.
“Most of the maneuvers that we detect usually the merchandise comes from China, the country with the main trade balance deficit that we have, but it is re-invoiced in companies in the United States, Uruguay or Hong Kong, where the true owner is hidden and the difference in price remains,” added Michel.
What did he say about the dollar
Regarding the exchange rate gap, the official stated that he sees “a single dollar in Argentina”and for this he considered it is necessary to “take several previous steps, the main one is to strengthen the reserves”.
“Until the State does that and we can have an anchor in the economy to advance in that scheme, the gap will not disappear, because a scheme that is easy to devalue is not valid since the only thing it does is lead to a situation of greater poverty in the citizenry,” concluded Michel.
Source: Ambito
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