Customs detected under-invoicing maneuvers in meat exports for almost US$12 million

Customs detected under-invoicing maneuvers in meat exports for almost US million

About the modus operandi, from the DGA explained that “the merchandise is shipped directly from Argentina to Brazil, but in the middle the operation is re-invoiced from a trader in Cyprus or the United States that does not add anything to the final product but adds a ‘commission’ of 30% to the operation”.

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“This difference is a Irregular profit of the Argentine refrigerator that leaves it abroad so as not to liquidate the dollars in the Central Bank (BCRA) and to reduce export duties and evade income tax,” they added.

The detection of irregularities arise from the different information exchange agreements to which the DGA is attached along with other foreign customs, such as “the Indira system-Customs Records Information Exchange System for Mercosur,” the agency specified.

Through the Indira, the Customs received information on all meat exports with Chile and Brazil, At the same time that “the orders to the European countries (Hilton quota) and all the operations with China are already being processed through the bilateral agreement with that country,” according to the report.

In 2022, meat exports for US$3,493 million were registered in Customsand the top five destination countries (China, Germany, Israel, Chile and the Netherlands) cconcentrate 80% of the operations.

On the other hand, the agency detailed the types of cow that are exported from Argentina and the different qualitieswarning about the “export loop” of passing regular cow “C” for preserved or “old” cow D and E; this is “exporting old cow but charging for regular cow”, it was pointed out.

The study points out that passing off a regular “C” cow for an old or preserved cow “D and E”, which is exported whole to China, generates a double benefit because not only skip the Senasa controlsbut also allows them to boost under-invoicing since the price of the “old cow” is justifiably lower than that of the regular cow.

The refrigerators increased to 12 thousand tons (tn) the records of exports of ‘old cow’ in an average month, when the normal would be seven thousand; The investigation indicates that in reality these five thousand additional cows are regular ‘C'”, they pointed out from the DGA.

Along these lines, they contemplated that “in addition to under-invoicing exports and leaving dollars abroad without liquidating by the BCRA, the refrigerators are short of supplies to the local market”.

The refrigerators under the Customs magnifying glass and on which “red channel alerts have already been generated by the exporting curls with ‘old cow'” are LoginFood (550 tons monthly average), Playtime (800 tons), Ruyi (700 tons), Entre Ríos Livestock Processor (650 tons), Alberdi Refrigerator (430 tons) and Black Bamboo (350 tons), according to the survey.

In early January, a DGA report stated that in the second semester of 2022 the charges and fines applied by these maneuvers climbed to US$1,018.4 millionwith a increase compared to the previous semester of 667%.

Effects of drought on livestock

Ranchers in Corrientes estimate that the lossess caused by the drought will exceed $28 billion this yearFurthermore, according to a report prepared by the Association of Rural Societies of Corrientes15% losses are projected in meat production.

The report was presented at the meeting in the Ministry of Production of the provinceby the member institutions of the CEP (Coordinator of Productive Entities) within the framework of a scenario of alarm for fire sources that are reported daily in that province.

finished the fires in the first quarter of 2022 who reached the 12% of the provincial territory; between April and November another 52,300 hectares were burned.

During January of this year, there were 641 heat sources and so far February 234 spotlightsso the burned hectares totaled 27,882 hectaresmostly wetlands, according to information from the Castelar Climate and Water Institute.

In currents, only 17% of the surface has bodies of waterthat is to say a little more than 1,000,000 hectares, according to the latest monitoring of the National Institute of Agricultural Technology (INTA).

Source: Ambito

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