IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Feb 2016 | Removal date: 29 Feb 2016
Still in force

Import tariff

On January 29, 2016, the Chilean Ministry of Public Finance passed the Exempt Decree 18 to reduce customs duties on sugar for a one-month period starting on February 1, 2016. The new law established different cuts on the ad valorem customs duties. The applicable reduction for refined sugars qualified as Grade 1 or 2 was USD 166.95 per tonne whereas, in the case of refined sugars qualified as Grade 3, 4 and other substandard was USD 109.16 per tonne. The previously applicable discounts were USD 155.43 and USD 108.01 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 COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170114 Other cane sugar
170199 Other

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