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Saturday, January 28, 2023

They unearthed an alleged million-dollar ploy of under-invoicing exports

The Directorate General of Customs reported that it reprimanded a firm from Rosario for alleged under-invoicing maneuvers in its exports, through a company merchant Located in Uruguay. Between 2021 and the first half of 2022, the company will handle more than 46,000 tonnes of fatty acids and olein, a by-product of soybean oil refining.

As he explained, through a The investigation was carried out by special agents of the DGA, which led to 8 raids at various houses, It has been determined that the value of the goods exported during that period –US$11.5 million dollars announced-, has been under-invoiced by almost 50% of its value, Chile being the main destination for exports.

portfolio charge guillermo michel noted that, in addition, The operation was discovered through an exchange with Chilean customs, using information from adulterated documents. As he explained, the alleged maneuver involved exporting underinvoiced product to Chile, but triangulating the sale of the goods through a Uruguayan firm. operated from trading, but in fact its only function was to invoice sales to Chile for the actual value of the goods, Excluding currency difference between the two sales in Uruguay. He explained that in this way he avoided liquidation of currencies in the local money market and escaped export duty.

More than 46,000 tons of fatty acids and olein, a by-product of soybean oil refining, is a product that is applied for a variety of uses. First of all, there is the production of animal feed, alternative fuels and others.

Fatty acids and olein, a by-product of soybean oil refining, are a product that is applied in a variety of applications.

In addition, Customs explained that, in the midst of the investigation, Dr. Marcelo Ballack, in charge of the Federal Court No. 4 of Rosario, with the intervention of the Federal Prosecutor No. 1 of Rosario, Javier Arjubi Calvo, ordered eight raids on the company. and on the houses of his partners. Documents and electronic equipment related to the case were seized, as well as more than $420,000 and 7,000,000 pesos in cash.

Similarly, today the Federal Administration of Public Revenues (AFIP) reported that, through the Directorate General of Taxes (DGI), it destroyed Fraudulent maneuver in the production and commercialization of 1700 tons of grain in two establishments dedicated to the breeding and fattening of cattle and pigs In the rural areas of the cities of Monte Cristo and Matorales. 300 tonnes of maize has been banned,

The Value Of Exported Goods During That Period Was Declared At Us$11.5 Million.
The value of exported goods during that period was declared at US$11.5 million.

DGI inspectors verified in one of those companies “a variation in stock of 1,344 tonnes of corn and 128 tonnes of soybean and a delay of more than 60 days in uploading information on those stocks.”

Meanwhile, he elaborated that employees at a second establishment “moved on Denial of 297 tons of corn due to lack of documents proving its origin“, Whose Estimated price is around 74 million pesos,

As detailed, one of the firms announced the breeding and fattening of pigs with a feedlot of 500 bovine cattle and 400 females in production.

“As per the present rules, grain trading operators, including buyers for consumption, are bound to carry out systematic registration of movements and stocks of grain not intended for planting for adequate monitoring and control of operations. Involved. Transparency of commercialization operations While reducing, lack of compliance with this provision facilitates evasion of tax obligations,” he indicated to the agency.

One Of The Firms Declared Feedlot Activity With 500 Head Of Cattle
One of the firms declared feedlot activity with 500 head of cattleafip


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