Starting this Monday and for the next 30 days, the Ministry of Commerce incorporates the possibility of paying
for imported school supplies and footwear products in 3 or 6 installments
with reduced interest rates through the Simple Fee program.
This was reflected in Resolution 75/2024, published this Monday in the Official Gazette.
Simple Quota, like its predecessor Now 12,
covers only goods produced in the country,
with the exception of LED lamps
.
However, in order to provide more consumer options within the framework of the start of classes,
Commerce extended the program until next March 26
to school footwear and bookstore items produced outside the country, which will now also
be able to Paid in 3 or 6 installments with bank credit cards.
The measure seeks to "diversify the supply of bookstore items and school footwear so that they can be marketed with the types of financing of the Simple Fee Program," the recitals state.
In addition, the need to "promote policies aimed at facilitating the right to access to education" is cited.
The Simple Fee program,
national in scope and valid every day of the week,
also allows payment
in 3 or 6 installments for other products
linked to the return to school such as
computers, notebooks, tablets, books and glasses.
The rate is 85% of the interest of the fixed terms established by the Central Bank (BCRA) for 30 days, updating automatically on the third business day after the BCRA eventually modifies it.
That is, with the percentage subsidized by the State, the Simple Fee rate totals 93.5%.
School Basket 2024. Photo: Ignacio Blanco / Los Andes
What is the Simple Fee and what can be purchased
Since February 1, the Cuota Simple program replaces the old Ahora 12.
From appliances, clothing, books, shows and other products and services of national origin, the Simple Quota brings together more than 29 items.
With this program, consumers will be able to make their purchases
virtually or physically,
in fixed installments, with an annual nominal rate (TNA) that represents 85% of the Central Bank's fixed term (110%).
If it remains this way,
it will represent a TNA of 93.5%.
Simple Installment: what products can be purchased in 3 and 6 installments
Appliances
: air conditioners, air and/or ventilation conditioners, dishwashers, washing machines and dryers, kitchens, ovens and stoves, heaters and stoves, hot water tanks and water heaters, refrigerators, freezers and freezers.
Clothing
: clothing for men, women and children (includes work, sports, daily wear and all types of clothing accessories), as well as jewelry and watches.
Footwear and Leather Goods
: sports and non-sports footwear, wallets, suitcases, handbags and leather goods made of leather and other materials.
Cell phones
with 4G technology.
Furniture
: all home furniture.
Bicycles:
includes all types of bicycles, including electric bicycles, their parts and/or pieces.
Motorcycles
: includes all those whose final price does not exceed $1,300,000.
Educational Services
: language courses, computer-related courses, sports and cultural activities.
Does not include schools or universities.
Mattresses and box springs.
Books
: school textbooks and books.
Glasses and Contact Lenses
: prescription glasses whose final price does not exceed $97,000.
Bookstore Items
: notebooks, stationery, pencils, pens, backpacks, pencil cases, labels, among others.
Toys and Board Games
Technical Services for Electronics and Home Appliances.
Tires:
accessories, CNG gas vehicle conversion kit and spare parts for automobiles and motorcycles.
Musical instruments.
Computers, Notebooks and Tablets
Illumination artifacts
Televisions and monitors.
Perfumery
: cosmetics, personal care and perfume products.
Small Appliances.
Sports preparation services, including gyms.
Medical Equipment
: respiratory therapy equipment;
furniture (orthopedic beds, Bathing aids: bathing chairs, transfer chairs, grab bars);
Wheelchair;
Orthoses, orthopedics and their parts (Prostheses for amputees, custom valves, custom orthoses, insoles, custom corsets, walkers, canes, crutches).
Limit for the item of $1,160,000.
Machinery and Tools
: Drills, angle grinders, sanders, polishers, saws, coated electrode welders, TIG system welder, MIG-MAG system welder and vises.
Shows and cultural events
.
Plays and concerts by national artists, and a limit of $62,000 is established.
Durable kitchen items
: Pots, saucepans, pans and griddles, all made of aluminum.
Automotive Vehicle and Motorcycle Repair Services.
Kit for home connection to public water and sewer services.
Discounts for the basket of school supplies.
Simple Fee: how to identify participating businesses
The businesses that join Cuota Simple will be identified with the program logo, as was already the case with Ahora 12. Those establishments that qualify as supermarkets, hypermarkets or general stores will be able to join.
Simple Fee: participating businesses
S.N.