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 2015 | Removal date: 31 Oct 2015
Still in force

Import tariff

On September 26, 2015, the Chilean Ministry of Public Finance passed the Exempt Decree 292 to establish new applicable discounts on customs duties on sugar for a one-month period starting on October 1, 2015. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 87.58 per tonne in refined sugars qualified as Grade 1 or 2 and USD 23.67 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 96.61 and USD 29.70 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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