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March 12, 2022
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The day without VAT exceeds the goal, with clothes in first place

The day without VAT exceeds the goal, with clothes in first place

With a cutoff at 6 pm this Friday, sales of $7.6 billion were reported, as a preliminary balance of the first day without VAT of 2022.

(Consumer habits on days without VAT).

The amount accounted for, for the Government and the merchants, allowed to project at the end of the day that the Entrepreneurs’ expectations of $8 billion were going to be exceeded.

As explained by the Minister of Commerce María Ximena Lombana, the garments they constitute the products that registered the highest demand in value. Sports articles and agro-inputs followed. And computers and peripheral equipment, as well as household appliances, also stood out. The cities with the highest sales were Bogotá and the departments of Atlántico, Magdalena and Quindío.

(Mobility apps encourage voters with travel discounts).

The Minister expressed her satisfaction with the results of the day, insisting on the importance of the date as a very successful strategy for the safe economic reactivation and to promote the development of the country.

“These sales results are compared to the first day without VAT of 2021, which took place on October 28. This means that the today’s result is very positive and, the truth is, it leaves the National Government very satisfied, taking into account that March is a month in which neither the collection nor the sales have an important marker like the one that exists in the year-end season”, he commented.

Confirming the figure achieved until the end of the afternoon of $7.6 billion, the director of the Dian, Lisandro Junco, said that with the remaining hours of the day without VAT in 2022, the goal that merchants had of $8 million. “We think we’re going to get to that number, even exceed it,” he said.

Particularly, in the case of agro-inputs, He said that with the preliminary data, at 6 in the afternoon, the sale of these products totaled $10,885 million.

The president of Fenalco, Jaime Alberto Cabal, gave a positive part about what this Friday represented for the merchants.

Achieving exceeding the initial goal, he said, “is very significant because it is very difficult for sales at this time of year to exceed the sales that were made at the end of last year, which has more dynamics in consumption,” he said.

He highlighted that compared to last December, a survey indicated that 28% of affiliates reported an increase in their business, 45% said that sales were similar and another 27% saw decreases. “This confirms the growth trend that we are experiencing on the first day without VAT in 2022.”

As to digital salesUntil 6 pm, the Colombian Chamber of Electronic Commerce indicated sales of $523,000 million and a total number of approved digital transactions of 1.2 million. Regarding the last day without VAT of 2021 carried out on December 3, the total number of digital transactions approved by electronic commerce decreased 2.8%, but when comparing with the last day without VAT of 2021 of December 3, the value of sales by electronic commerce increased 1.9%.

He explained that sales peaks through electronic commerce between 12:00 am and 1:00 am and between 11:00 am and 12:00 m.

The Government will present at noon this Saturday the final balance of the first day without VAT of the year.

BRIEFCASE

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