ANNOUNCED AS TEMPORARYYes
On November 28, 2017, the Chilean Government issued Exempt Decree 421 establishing new applicable discounts on customs duties on sugar for a one-month period starting on December 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 64.28 per tonne of raw sugar; USD 130.02 per tonne for refined sugars qualified as Grade 1 or 2; and USD 90.58 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 51.71, USD 116.38 and USD 77.50 per tonne respectively.
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