ANNOUNCEMENT 24 Jul 2018

The government of Chile decreased the applicable discounts on the applicable customs duties on sugar.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 211/2018. 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=1120925

Inception date: 01 Aug 2018 | Removal date: 31 Aug 2018
Still in force

Import tariff

On 24 July 2018, the Chilean Government issued Exempt Decree 211/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 August 2018.

The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 88.21 per tonne for refined sugars qualified as Grade 1 or 2; and USD 33.87 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 90.31 and USD 42.34 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.

With the approval of the new Decree, the discounts set for raw sugar at USD 10.35 per tonne are no longer applicable. 

AFFECTED SECTORS