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
Still in force

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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