ANNOUNCEMENT 28 Aug 2017
The Chilean Government increased the applicable discounts on the import tariffs applied to raw and refined sugar.
NUMBER OF INTERVENTIONS
Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 303/2017. Aplica rebajas de derechos de aduana para la importación de azúcar cruda, azúcar refinada grados 1 y 2, y azúcar refinada grados 3 y 4, y subestándares. Available at: https://www.leychile.cl/Navegar?idNorma=1106937
On August 28, 2017, the Ministry of Public Finance of Chile issued the Exempt Decree 303 establishing new applicable discounts on customs duties on sugar for a one-month period starting on September 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 54.98 per tonne of raw sugar; USD 134.96 per tonne for refined sugars qualified as Grade 1 or 2; and USD 86.97 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 39.55, USD 153.41 and USD 85.10 per tonne respectively.