The 3 VAT-free days will take place between October and December 2021.

With these days, merchants will be able to liquidate inventories and consumption will be stimulated, not only in person but also by taking advantage of virtual channels.

On October 28, November 19 and December 3, the VAT-free days will be held, confirmed President Iván Duque, who is on an official visit to Spain.

“The three days without VAT will take place on October 28, November 19 and December 3”, said the Head of State to journalists, after a conference offered by the President at the New Economy Forum in the Spanish capital.

Duque said that with these days, merchants will be able to liquidate inventories and consumption will be stimulated, not only in person but also by taking advantage of virtual channels.

In 2020, VAT-free days were held on June 19 and July 3 and 19, which were used by Colombians to purchase sports items, toys, household appliances and school supplies, among others.

“Let’s invite the country to carry out this exercise with all responsibility and with all the biosecurity protocols”, said Duque.

The commercial sector has been one of the most important drivers of the good performance of the economy, which in the second quarter of 2021 grew by 17.6%, the highest level for a similar period in the present century.

Source: Actualícese