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 Sep 2011 | Removal date: 30 Sep 2011

Import tariff

On August 30, 2011, the Chilean Ministry of Public Finance passed the Exempt Decree 699 to establish applicable discounts on customs duties on sugar for a one-month period starting on September 1, 2011. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 342.59 per tonne of raw sugar; USD 471.91 per tonne in refined sugars qualified as Grade 1 or 2; and USD 394.32 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. Previously, there were not applicable discounts on these tariff lines. 

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.
170199 Other

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