The Fair Meat Prices program came into force and will be in force until next March 31 with 30% reductions for seven cuts in large supermarket chains, to which will be added from March and until the end of the year 10% refunds in the purchases in butcher shops and minimarkets in payments with debit cards.
Fair Prices Meat supplants the previous plan Cuts Care and will have a volume of 18,000 tons per month of steer beef for sale in supermarket chains with prices 30% lower than those of the market.
Prices
Thus, the price of the roast will be $1,031 per kilo; the buttock, $1,375; the matambre, $1,310; the void, $1,351; the skirt, $675; the palette, $1,113; and the roast cover, $1,035.
Then, these cuts provided mainly by the companies grouped in the Consortium of Meat Exporters (ABC) will have a guideline of 3.2% monthly increase until June 30.
Added to this is a 35% discount promotion on Fridays and Saturdays by Banco Nación with its credit and debit cards and its MODO application, with a refund limit of $3,000.
Through general resolution 5330/2023, the Federal Administration of Public Revenues (AFIP) formalized the 10% refund regime for final consumers who make purchases in butcher shops with a debit, prepaid or similar card associated with accounts opened in financial entities. or fintech,
The measure will enter into force on March 1 and will last until December 31 of this year.and includes a 90-day deferral in the payment of tax obligations to businesses involved in this activity.
The benefit implemented consists of a refund of 10% of the amount of the operation carried out in establishments dedicated to the commercialization of beef, with a refund limit of up to $2,000 per month.
It will be valid for transactions through payment terminals as well as through QR codes.
Financial entities must credit the sum in the accounts of final consumers four days after the operation is completed and the detail must appear in the clients’ physical or electronic account summary, for which the agency created a new Registry of Butchers .
?✅ From March 1, 2023, the 10% refund will come into effect on purchases made with debit or QR in businesses attached to the “Butcher Shop Registry”. pic.twitter.com/iaKQknHExK
— AFIPComunica (@AFIPcomunica) February 17, 2023
Businesses that have the category of registered manager or are monotributistas with up to three declared employees will be incorporated automatically.
The rest of the taxpayers must register through the Registry System of the agency’s website.
There they must select the Special Records option, then Characteristics and Special Records, and select the description Retail Butchers – Reimbursement Regime.
At the same time and as part of the comprehensive program to promote the production and consumption of beef announced this week by the Government, the regulation grants businesses registered in the regime three months of grace for the payment of VAT or the tax component of the monotributo in the cases in which they are adhered to the simplified regime.
For their part, consumers will be able to access the list of businesses registered on the AFIP website, as well as the list of financial and fintech entities that join the refund regime.
“The objective of this measure is to stimulate the formalization of the economy and tax compliance”highlighted the agency in a statement.
When announcing the program at the beginning of this week, the Secretary of Commerce, Matías Tombolini, affirmed that the measures contemplate an “aggressive discount” in seven cuts “that in Argentina represent approximately 30% of the 182 thousand tons per month that are consumed in the country”.
“It is an agreement that basically addresses a problem that we have all seen on the shelves in the last 30 days, as a result of price recovery and that is why we reached an agreement with the export sector to avoid price abuses,” he said.
The official explained that “the agreement deals with the offer on the one hand”, given that “it subsidizes 40% of the feed for fattening with the objective of adding 200,000 heads of supply in the next four months.”
“From the point of view of demand, we work with a multiple strategy in butcher shops”which includes, on the AFIP side, the deferral of VAT and monotax payments and debit card discounts and purchase returns for Banco Nación customers.
