ANNOUNCED AS TEMPORARYYes
On 24 December 2018, the Chilean Government issued Exempt Decree 449/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 January 2019.
The new legislation established different reductions on the ad valorem customs duties. The discounts were set at USD 22.30 per tonne in the case of raw sugar, USD 89.14 per tonne for refined sugars qualified as Grade 1 or 2; and USD 49.04 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 36.74, USD 106.66 and USD 64.71 per tonne respectively.
⚑ Please report this page in case you detect an inaccuracy in its content.