ANNOUNCED AS TEMPORARYYes
On 24 August 2018, the Chilean Government issued Exempt Decree 240/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 September 2018.
The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 66.28 per tonne for refined sugars qualified as Grade 1 or 2; and USD 13.60 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 88.21 and USD 33.87 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.
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