ANNOUNCEMENT 28 Sep 2018
The government of Chile decreased the applicable discounts on the applicable customs duties on sugar.
NUMBER OF INTERVENTIONS
Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 277/2018. 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=1123443
On 28 September 2018, the Chilean Government issued Exempt Decree 277/2018 decreasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 October 2018.
The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 65.91 per tonne for refined sugars qualified as Grade 1 or 2; and USD 11.11 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 66.28 and USD 13.60 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.