ANNOUNCEMENT 23 Oct 2018

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 307/2018. 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=1124442

Inception date: 01 Nov 2018 | Removal date: 30 Nov 2018
Still in force

Import tariff

On 23 October 2018, the Chilean Government issued Exempt Decree 307/2018 increasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 November 2018.

The new legislation established different reductions on the ad valorem customs duties. The applicable discounts set were USD 82.58 per tonne for refined sugars qualified as Grade 1 or 2; and USD 31.03 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 65.91 and USD 11.11 per tonne of sugars qualified as Grade 1 or 2 and as Grade 3, 4 and other substandard respectively.

AFFECTED SECTORS

 

AFFECTED PRODUCTS