ANNOUNCED AS TEMPORARYYes
On February 23, 2018, the Chilean Government issued Exempt Decree 65 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on March 1, 2018. The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 40.74 per tonne of raw sugar; USD 103.62 per tonne for refined sugars qualified as Grade 1 or 2; and USD 65.89 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 70.01, USD 135.28 and USD 96.11 per tonne respectively.
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