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 Mar 2014 | Removal date: 31 Mar 2014
Still in force

Import tariff

On February 24, 2014, the Chilean Ministry of Public Finance passed the Exempt Decree 67 to establish new applicable discounts on customs duties on sugar for a one-month period starting on March 1, 2014. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 85.84 per tonne of raw sugar; USD 174.14 per tonne in refined sugars qualified as Grade 1 or 2; and USD 121.16 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 99.68, USD 188.85 and USD 135.35 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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