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
Still in force

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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