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 Jan 2014 | Removal date: 31 Jan 2014

Import tariff

On December 26, 2013, the Chilean Ministry of Public Finance passed the Exempt Decree 420 to establish new applicable discounts on customs duties on sugar for a one-month period starting on January 1, 2014. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 122.60 per tonne of raw sugar; USD 209.99 per tonne in refined sugars qualified as Grade 1 or 2; and USD 157.55 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 139.80, USD 223.49 and USD 173.28 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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