Government defined the products that will pay less taxes

Government defined the products that will pay less taxes

During the meeting held at the headquarters of the Ministry of Commerce, the Government presented the proposal for the products that will be imported “exempt from an additional value added tax (VAT)”.

During the meeting held at the headquarters of the Ministry of Commerce, the Government presented the proposal for the products that will be imported “exempt from an additional value added tax (VAT)”.

Reuters

The meeting between the Secretary of Commerce Pablo Lavigne and the executives of food manufacturing companies from the Copal chamber, chaired by Daniel Funes from Riojasuggests an attempt by the Government to address the problem of high prices on shelves through imports accelerated production of food and other basic products. This measure appears to be aimed at mitigating the impact of inflation on the cost of living of citizens, while seeking to establish a dialogue with the industrial sectors involved.

During the meeting held at the headquarters of the Ministry of Commerce, The Government presented the proposal of the products that will be imported “exempt from an additional value added tax (VAT)”.

One by one, products exempt from VAT

Food

  • Beef, pork, poultry, etc. and derivatives
  • Fish and derivatives
  • Milk and derivatives
  • Eggs
  • Vegetables
  • Legumes
  • Fruit
  • Vegetables
  • Nuts and other primary foods
  • spices
  • Cereals and their derivatives
  • Oilseeds and their derivatives
  • Fats and oils
  • Food preparations (pastes, sauces, baked goods, jams, canned foods, etc.)
  • Food inputs (extracts, concentrates, cocoa, etc.)

Drinks

  • Beers
  • Drinks without alcohol

Personal hygiene

  • Cottons and swabs
  • Body Deodorants
  • Shaving machines and foam
  • Insecticides for personal use
  • Toilet soap
  • Disposable Diapers
  • Toilet paper
  • Toothpaste
  • Condoms
  • baby products
  • Female Protection
  • Shampoo and conditioner

Cleaning

  • Detergents
  • Soap/Laundry Detergent and Fabric Softeners
  • Bleach and Cleansers

Medicines

  • Medicines put up for retail sale

In this context, the Minister of Economy, Luis Caputocelebrated on its social networks “a significant change” in the discount and promotion strategy of some supermarkets and large-scale stores.

Through his account on platform X (the former Twitter), the official expressed his satisfaction with the adaptation of the Jumbo chain in the presentation of its offers. Instead of promotions like “3×2” or “4×2,” the chain now offers direct discounts, “claiming to have reduced prices on specific products by up to 50% or 35%.” In his opinion, this movement seeks to provide greater transparency in price adjustments motivated by the drop in consumption.

Source: Ambito

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