ANNOUNCEMENT 22 Nov 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 351/2018. Aplica rebajas de derechos de aduana para la importación de azúcar cruda, azúcar refinada grados 1 y 2, y azúcar refinada grados 3 y 4, y subestándares. Available at: https://www.leychile.cl/Navegar?idNorma=1125696
On 22 November 2018, the Chilean Government issued Exempt Decree 351/2018 increasing the applicable discounts on customs duties on sugar for a one-month period starting on 1 December 2018.
The new legislation established different reductions on the ad valorem customs duties. The discounts were set at USD 36.74 per tonne in the case of raw sugar, USD 106.66 per tonne for refined sugars qualified as Grade 1 or 2; and USD 64.71 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 0.00, USD 82.58 and USD 31.03 per tonne respectively.