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 Oct 2011 | Removal date: 31 Oct 2011
Still in force

Import tariff

On September 29, 2011, the Chilean Ministry of Public Finance passed the Exempt Decree 793 to establish new applicable discounts on customs duties on sugar for a one-month period starting on October 1, 2011. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 358.56 per tonne of raw sugar; USD 480.74 per tonne in refined sugars qualified as Grade 1 or 2; and USD 407.43 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 342.59, USD 471.91 and USD 394.32 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.
170199 Other

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