ANNOUNCEMENT 15 Dec 2014

The Chilean Government established applicable reductions on the import tariffs of wheat and wheat or meslin flour.

NUMBER OF INTERVENTIONS

1

  • 0 discriminatory
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 376/2014. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). http://www.leychile.cl/Navegar?idNorma=1072731

Inception date: 18 Dec 2014 | Removal date: 15 Feb 2015

Import tariff

On December 15, 2014, the Chilean Ministry of Public Finance passed the Exempt Decree 376 to establish new applicable discounts on customs duties on wheat and wheat or meslin flour applicable until February 15, 2015. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 128.26 per tonne of wheat and USD 200.09 per tonne of wheat or meslin flour. The previously applicable discounts were USD 116.19 and USD 181.25 per tonne respectively.

The objective of this decree is to establish a relative margin for internal prices to fluctuate in comparison to the international market.

AFFECTED SECTORS

 

AFFECTED PRODUCTS