ANNOUNCED AS TEMPORARYYes
On September 29, 2017, the Ministry of Public Finance of Chile issued the Exempt Decree 331 establishing new applicable discounts on customs duties on sugar for a one-month period starting on October 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 51.01 per tonne of raw sugar; USD 122.62 per tonne for refined sugars qualified as Grade 1 or 2; and USD 79.66 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 54.98, USD 134.96 and USD 86.97 per tonne respectively.
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