No menu items!

How the 10% cashback on chargeable meat purchases starting this week will work

Share This Post

- Advertisement -

The next will come into force on 10% refund for butcher shop purchases paid for by debit card. The initiative will be valid until the end of the yearunder the Fair Meat Prices programme.

- Advertisement -

The measure will enter into force on March 1st and will last until December 31st of this year.. In addition to the benefit for consumers, butchers will have it a 90-day deferment in the payment of tax obligations. To access the benefit, you must register to participate in the program.

The Federal Public Revenue Administration (AFIP) regulated this measure with general resolution 5330/2023 for final consumers who make purchases in butchers with a debit, prepaid or similar card associated with accounts opened in financial or fintech institutions.

- Advertisement -

The benefit consists of a 10% refund. of the amount of the operation carried out in the butcher shops which are registered in the AFIP list. The refund will have a $2,000 monthly repayment limit.

It will be valid for transactions made through payment terminals, as well as through QR codes.

Financial institutions must credit consumer accounts with the amount the final four days after the operationand the detail must appear in the summary of the physical or electronic account of the customers, for which the agency has created a new Registry of Butchers.

Companies that have the category of registered director or are single-tax payers with a maximum of three declared employees it will automatically be incorporated into the refund schemespecified the AFIP.

While, the rest of the taxpayers must register via the Organization’s Website Register System, in accordance with regulations.

There they must select the Special Registers option, then Characteristics and Special Registers and select the description Retail Butchers – Reimbursement Scheme.

Consumers, for their part, can access the list of companies registered on the AFIP website, as well as that of financial and fintech subjects who adhere to the reimbursement regime.

This measure is in addition to the Fair Meat Prices program -replacing Careful Cuts- which started to apply from February 17th and will be valid until March 31st with 30% discounts for seven cuts in large supermarket chains.

Fair Meat Prices has a volume of 18,000 tons per month of beef for sale in supermarket chains with the following prices:

Then, these cuts are mainly supplied by companies grouped in the Meat Exporters Consortium (ABC) they will have a guideline of 3.2% monthly increase through June 30.

In the past week, the Secretary of Commerce issued 769 fines to food companies and supermarkets worth $806.45 million due to irregularities in compliance with the Fair Prices program.

The irregularities detected by the Ministry of Commerce are due to shortages of stocks, lack of signage, the use of posters in the gondolas for products not part of the program and duplication of labeling, among other infractions.

NS

Source: Clarin

- Advertisement -

Related Posts