The BCRA Extends the Effective Date of Communication A7030

The BCRA's Board decided to extend the effective date of Communication A7030, as amended, up to March 31, 2021, and to introduce changes for a better understanding of the general criterion. The amendment relaxes the import of goods that may increase the productive capacity of exporters by enabling to use all the inflows from advances and pre-financing from abroad, with a minimum term of 180 calendar days, provided that they are used for advance payments of capital goods.

As regards outflows in the forex market, natural and legal persons included in the database of fictitious invoices of the Federal Administration of Public Revenues (Administración Federal de Ingresos Públicos, AFIP) must have prior authorization of the BCRA.

December 30, 2020.

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