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

Import tariff

On November 26, 2011, the Chilean Ministry of Public Finance passed the Exempt Decree 961 to establish new applicable discounts on customs duties on sugar for a one-month period starting on December 1, 2011. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 277.49 per tonne of raw sugar; USD 401.31 per tonne in refined sugars qualified as Grade 1 or 2; and USD 327.02 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 277.48, USD 370.23 and USD 314.58 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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