We inform you that on October 28, 2019, Communication "A" 6818 of the BCRA was published, which will enter into force on November 1, 2019, with the regulation of imports of goods.
We highlight some concepts to take into account and we attach the standard to the footer.
Reestablishment of SEPAIMPO (Follow-up of Import Payments). In order to monitor the payments made with pending customs registration, and the applications of payments made on import shipments.
The maximum terms for demonstration of documentation for payments made without the pending customs registration will be 90 calendar days from the date of payment abroad.
The requirements for access to the exchange market are established for the import payment of goods with and without customs registration, sale of goods not entered into the national territory, payments for operations carried out by courier or private request, for goods entered into free zones, sales made in the primary customs area, payments for goods destined for duty-free stores, and for supplies and equipment destined for offshore hydrocarbon production and treatment, among others.
Exceptions to the demonstration of balances, for balances pending delivery or defaults, will have a total amount per calendar year of USD 10,000.-
The extensions of the term for the demonstration of the registration of import customs entry will be granted by the entity in charge of monitoring the payment made without registration of customs entry, within the conditions established by these regulations or with the prior consent of the Central Bank. Some concepts for the extension of extensions: merchandise damaged after delivery of the good, exchange control in the exporting country, insolvency of the supplier, delinquent debtor, other causes beyond the control of the importer.
Payments for imports with customs registration may be made through the entity nominated at the time of the officialization, or the document must be certified or transferred by another entity in charge of monitoring.
Article written by the adviser in Exchange and Banking Regulations, Silvana Gómez.