ANNOUNCEMENT 23 Jun 2018
The government of Chile increased the applicable discounts on the applicable customs duties on sugar.
NUMBER OF INTERVENTIONS
Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 181/2018. Aplica rebajas de derechos de aduana para la importación de azúcar refinada grados 1 y 2, y azúcar refinada grados 3 y 4, y subestándares. Available at: https://www.leychile.cl/Navegar?idNorma=1120021
On 23 June 2018, the Chilean Government issued Exempt Decree 181 increasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 July 2018. The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 10.35 per tonne of raw sugar, USD 90.31 per tonne for refined sugars qualified as Grade 1 or 2; and USD 42.34 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 72.84 and USD 24.87 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively. In the case of raw sugar, no previous discount was applicable.