ANNOUNCED AS TEMPORARYYes
On January 27, 2018, the Chilean Government issued Exempt Decree 15 establishing new applicable discounts on customs duties on sugar for a one-month period starting on February 1, 2018. The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 70.01 per tonne of raw sugar; USD 135.28 per tonne for refined sugars qualified as Grade 1 or 2; and USD 96.11 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 68.82, USD 129.55 and USD 93.11 per tonne respectively.
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