Everything you need to know about the limit for purchases abroad that the Government implemented

He Government has recently announced a series of measures that seek to facilitate purchases abroad through the courier system and reduce taxes on imports. These decisions, which will come into force from December, have been received with various reactions, both positive and negative, from different sectors of society.

The Minister of Economy, Luis Caputo, was in charge of communicating these news through his account on the social network Governmentthe limit for purchases abroad via courier will be expanded from the current $1,000 to $3,000 per shipment.

In addition, a tariff exemption will be implemented for imports for personal use up to $400, which means that only Value Added Tax (VAT) will be paid for these products.

The extension of the limit for purchases abroad via courier is a measure that seeks to align with the practices of other countries in the region. For example, Brazil and Chile already have a similar limit of $3,000, while in Colombia and Peru the limit is $2,000.

Everything you need to know about the limit for purchases abroad that the Government implemented

This measure of Government It will allow Argentine consumers to access a greater variety of products at more competitive prices, especially in times of high demand such as the end of year holidays. The exemption of tariffs up to $400 is another significant measure.

Currently, products imported through the courier system are subject to various taxes and fees, which considerably increases the final cost for the consumer.. With this new provision, it is expected that the prices of products such as clothing, toys and small appliances will be more accessible for Argentines.

Everything you need to know about the limit for purchases abroad that the Government implemented

Impact

These measures have a double objective. On the one hand, they seek to alleviate the economic burden on consumers, allowing them to access better quality products and lower prices. On the other hand, these facilities are expected to boost trade and economic activity, especially in the small and medium-sized business (SMEs) sector, which will be able to import supplies, spare parts and parts necessary for their production in a more agile manner.

However, not all sectors have received this news from Government with enthusiasm. National industrialists and merchants have expressed concern about the impact that these measures could have on their sales. They argue that competition will be unfair, since imported products will be subject to fewer taxes than locally manufactured products.

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