ANNOUNCED AS TEMPORARYYes
On 24 July 2018, the Chilean Government issued Exempt Decree 211/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 August 2018.
The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 88.21 per tonne for refined sugars qualified as Grade 1 or 2; and USD 33.87 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 90.31 and USD 42.34 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.
With the approval of the new Decree, the discounts set for raw sugar at USD 10.35 per tonne are no longer applicable.
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