Auctions are designed to reduce the amount of stock in AFIP warehouses and to allow buyers to obtain good products at low prices.
The Federal Public Revenue Administration (AFIP) It usually organizes periodically auctions of valuable objects such as technological components or recovered cars or those that are no longer useful to the organization. This will be carried out in conjunction with Banco Ciudad, and there are a series of requirements for participation.
In this case, they will be offered cell phones, video game consoles and computersMost of the products were seized or considered unusable due to their prolonged storage in customs. Visitors have the opportunity to purchase good quality products at prices considerably lower than those on the market.
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Requirements to participate in the AFIP auction
- Register on the Banco Ciudad auction platform.
- Pay a guarantee of 20% of the base value of the lot or lots you wish to offer.
- This amount must be transferred to a Banco Ciudad bank account and proof of the transaction must be attached at the time of registration.
All auctioned lots are subject to 21% VAT, which will be added to the final value offered. Some specific products, such as cell phones and video game consoles, have an additional internal tax of 23.46%. It is essential to consider this tax when calculating the total cost of the products of interest.
How to register for the AFIP auction for electronic products
Participation is open to the public, except AFIP employees. To register, follow these steps:
- Register in advance on the Banco Ciudad website;
- Have an account in said bank
- Have the CBU enabled.
Once registered, you can place bids on lots of interest on the same website. It is important to note that bids cannot be cancelled; once placed, they will only be cancelled if they are outbid by another buyer. Payment for the lots awarded must be made within five business days after the auction. The electronic devices will be delivered to their buyers once full payment for the lot awarded has been made.
When will the AFIP auction take place?
The agency announced on its website that the auction will take place on Thursday, September 26, from 10:00 a.m. to 12:25 p.m.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
