ANNOUNCEMENT 24 Jul 2019

The Government of Chile has changed the applicable discounts on the applicable customs duties on sugar.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 211/2019. 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=1134193

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 187/2019. 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=1133143

Inception date: 01 Aug 2019 | Removal date: 31 Aug 2019

Import tariff

On 24 July 2019, the Chilean Government has issued Exempt Decree 211/2019 increasing the applicable discounts on customs duties on raw sugar and sugars qualified as Grade 3, 4 and other substandard. The new values apply for a one-month period starting on 1 August 2019.

The discounts have been set at USD 14.96 per tonne in the case of raw sugar and USD 35.79 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 8.09 and USD 34.81 per tonne respectively.

The discounts are to be applied to the ad valorem customs duties.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 01 Aug 2019 | Removal date: 31 Aug 2019

Import tariff

Exempt Decree 143/2019 issued by the Chilean Government on 24 July 2019, has also decreased the applicable discount on customs duties on sugars qualified as Grade 1 or 2. The new values apply for a one-month period starting on 1 August 2019.

The discount has been set at USD 67.05 per tonne while the previously applicable discount was USD 74.88 per tonne.  

The discount is to be applied to the ad valorem customs duty.