Supervised businesses in La Guaira due to the new monetary expression

An operation to verify the new monetary expression was initiated by authorities in La Guaira. The operation began in Calle Nueva, Carlos Soublette parish, where the identification of prices with and without the six zeros was verified, and compliance with formal and material duties was supervised.

The conference was led by the Superintendency of Tax Administration (Sumat), of the Vargas mayor's office, in support of the National Superintendency for the Defense of Socioeconomic Rights (Sundde).

Marcos Meléndez, superintendent of Sumat-Vargas, explained that all businesses must display prices with the old and new monetary expressions. Also use as a reference, when receiving foreign currency, the rate indicated by the Central Bank of Venezuela (BCV).

The official commented that they have noticed that some things that cost Bs 1.500.000 should cost Bs 1,5 are marked at Bs 2,5 so they will be verifying, in order to sanction those who are not complying.

He invited users to demand their invoice from businesses. "We are going to be doing the reviews first in order to report to the Sundde any irregularities that we are noticing, since they are the ones who have the competition on prices," concluded Meléndez.



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