Purchases can only be made using salary account debit cards, for products in the basic basket.
Around 20 million people will be able to obtain the 21% refund.
Since last Monday, the Government launched the program “Buy without VAT”which consists of the 21% refund of the purchase of basic basket products with Debit. According to Federal Public Revenue Administration (AFIP) around 20 million people can obtain the benefit.
Among the groups reached by the economic measure announced by the Minister Sergio Massathere are the retired and beneficiaries of national death and non-contributory pensions.
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Retirees who can access VAT refund
He exclusive requirement in the case of the retired and pensioners the thing is They will not be able to collect more than three minimum salaries. Currently the minimum is $87,460, therefore, They will not be able to access the benefit who charge above $262,380.
VAT refund: how to know if you can be a beneficiary of the refund
It is important to clarify that this website applies only to previous beneficiaries such as retirees and pensioners who already agreed to the reimbursement of $4,000 per month, not to the new subjects reached.
How the return is made
The refund will be made effective automatic way within the 48 hours and with a limit of $18,800 per month and per personmade with bank debit card. No prior procedure is necessary.
In order to reach the withdrawal limit, a purchase of $89,523 in basic basket products.
Source: Ambito
