ANNOUNCEMENT 24 Aug 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 240/2018. 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=1122246

Inception date: 01 Sep 2018 | Removal date: 30 Sep 2018

Import tariff

On 24 August 2018, the Chilean Government issued Exempt Decree 240/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 September 2018.

The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 66.28 per tonne for refined sugars qualified as Grade 1 or 2; and USD 13.60 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 88.21 and USD 33.87 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.

AFFECTED SECTORS

 

AFFECTED PRODUCTS