ANNOUNCEMENT 14 Jun 2019

The government of Chile has increased the applicable reductions on the import tariffs of wheat and wheat or meslin flour.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 174/2019. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). Available at: https://www.leychile.cl/Navegar?idNorma=1132560

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 106/2019. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). Available at: https://www.leychile.cl/Navegar?idNorma=1130494

Inception date: 16 Jun 2019 | Removal date: 15 Aug 2019
Still in force

Import tariff

On 14 June 2019, the Chilean Ministry of Public Finance has passed Exempt Decree 174/2019 establishing new applicable discounts on customs duties on wheat and wheat or meslin flour. These discounts will apply for a two-month period starting on 16 June 2019. 

The new legislation has established different reductions on the ad valorem customs duties.

The applicable discounts have increased from USD 91.58 to USD 97.93 per tonne of wheat and from USD 142.87 to USD 152.78 per tonne of wheat or meslin flour. 

The objective of this decree is to establish a relative margin for internal prices to fluctuate in comparison to the international market.

AFFECTED SECTORS

 

AFFECTED PRODUCTS