It should be remembered that the digital commerce giant Alibaba announced after the 2021 edition that it achieved a sales record during this celebration, despite a timid promotional campaign due to pressure from the authorities on technology companies that limited certain practices for considering them monopolistic. .
The signature of tycoon Jack Ma, in the viewfinder of Chinese leaders in their campaign against local Internet giants, announced sales of 540.3 billion yuan ($84.5 billion) during this event similar to “Black Friday” in the United States. In other words, almost double the US$44 billion that Mauricio Macri’s government borrowed for Argentina during his term.
Together with its great rival in the internet commerce industry, they reached 889,000 million yuan (139,400 million dollars), a figure that exceeds the Gross Domestic Product of countries such as Puerto Rico, Cuba or Ecuador.
This amount was a sales record and an increase of approximately 20% from the previous year despite a previous low-profile campaign in the face of government pressure against consumerism and aggressive promotions.
Alibaba and its rivals expanded it with promotions from November 1 to 11, and some sellers and platforms start offering discounts and special offers in October.. The digital platforms registered strong sales of items such as appliances, electronics, pet products or cosmetics.
Opportunity for the Argentine consumer
Consumers, who find limitations to travel abroad given the macroeconomic context They usually buy the products they need online through “door to door”.
It is a service offered by international transport companies through which local consumers can buy products abroad -the main markets are the United States and China- and receive them at home without the need to carry out customs procedures and access goods that they are not available in the country.
Today the service is offered by private companies such as AliExpress, Tiendamía, Aerobox, or Pickabox to the Argentine Post Office. Nevertheless, On this occasion, the eyes are on the first of the platforms since the discount event takes place in China.
How to pay and what exchange rate
The purchases of the products are paid in the different stores to the Qatari dollar. That is, at the official exchange rate and adding the Country Tax (30%) + collection on account of Earnings and Personal Assets (45%) + new collection on account of Personal Assets (25%).
It should be noted that the Qatar dollar is applied to expenses and consumption in credit and/or debit cards, tickets abroad and the purchase of tourist packages abroad. over US$300 per natural person.
For those users who exceed the permitted ceiling of US$300, the tax is applied to all of their monthly consumption.
Requirements for purchases abroad
Consumers can buy as many times as they want, but they have to take into account that each one can receive up to 12 remittances per calendar year of up to US$50 each, tax-free, as established by the Federal Public Revenue Administration (AFIP). Likewise, those who consume in this way can use the quota throughout the year as they please, without the need for it to be a package per month.
At the time of making the declaration, the consumer has to pay the mail management fee, which currently costs $190 and includes the costs of storage, presentation to Customs and the administrative management that must be carried out with each one of them. shipments arriving from abroad, regardless of their weight and value.
Also, it must be taken into account that If the purchase exceeds US$50, 50% of the excess must be paid as customs taxes, at the official exchange rate. We must not lose sight of the fact that the system is for products of up to 20 kilos and US$3,000 and always for personal use.
If an item is purchased that costs US$70 and the person has space available, they will pay 50% tax on the excess of the franchise. For example, for a purchase of US$70, the surplus is US$20, while for 50% of that surplus, US$10 of taxes should be paid.
The requirements to be able to buy abroad depend on each company. Some are: be of legal age, have a credit card and register with a username and password in some of the portals that provide the service.
The delivery time depends on the company that performs the service. Once the procedure is approved by Customs, the time it takes for the merchandise to reach the final destination ranges between 15 and 20 from China.
Source: Ambito
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