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 Jul 2017 | Removal date: 31 Jul 2017

Import tariff

On June 29, 2017, the Ministry of Public Finance of Chile issued the Exempt Decree 242 establishing new applicable discounts on customs duties on sugar for a one-month period starting on July 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 72.53 per tonne of raw sugar; USD 182.88 per tonne for refined sugars qualified as Grade 1 or 2; and USD 116.66 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 96.32, USD 207.42 and USD 140.77 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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