The original fixture in Sao Paolo was abandoned after just five minutes when Brazilian health officials entered the pitch, with players Emiliano Martinez, Emiliano Buendia, Cristian Romero and Giovani Lo Celso accused by the Brazilian government of providing false information on their immigration forms and breaking the nation's Covid-19 laws.
FIFA's original ruling on the matter was announced in February, ordering the fixture to be replayed with all four of those players suspended and handing fines to both sides.
Both countries' federations subsequently lodged appeals against those measures, but FIFA has now confirmed the fixture will be replayed at an as-yet unspecified date and venue.
A statement from world football's governing body on Monday said: "The FIFA Appeal Committee has taken decisions on the appeals lodged by the Brazilian Football Association (CBF) and the Argentinian Football Association (AFA).
"After analysing the submissions of both parties and considering all circumstances of the case, the Appeal Committee confirmed that the match would be replayed and also upheld the fine of CHF 50,000 that was imposed on both associations as a result of the abandonment."
Brazil and Argentina have both qualified for the tournament in Qatar in comfortable fashion, with Brazil sitting top of the CONMEBOL qualification group with 45 points after an as-yet unbeaten campaign, and Argentina second with 39 points, meaning the replayed fixture will have no impact on the final standings.