ANNOUNCEMENT 28 Nov 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 421/2017. 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=1111350
On November 28, 2017, the Chilean Government issued Exempt Decree 421 establishing new applicable discounts on customs duties on sugar for a one-month period starting on December 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 64.28 per tonne of raw sugar; USD 130.02 per tonne for refined sugars qualified as Grade 1 or 2; and USD 90.58 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 51.71, USD 116.38 and USD 77.50 per tonne respectively.