ANNOUNCEMENT 29 Sep 2017
The Chilean Government decreased the applicable discounts on the import tariffs applied to raw and refined sugar.
NUMBER OF INTERVENTIONS
Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 331/2017. 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=1108400
On September 29, 2017, the Ministry of Public Finance of Chile issued the Exempt Decree 331 establishing new applicable discounts on customs duties on sugar for a one-month period starting on October 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 51.01 per tonne of raw sugar; USD 122.62 per tonne for refined sugars qualified as Grade 1 or 2; and USD 79.66 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 54.98, USD 134.96 and USD 86.97 per tonne respectively.