ANNOUNCEMENT 27 Nov 2020

The government of Chile increased the applicable discounts on the applicable customs duties on sugar, establishing the values valid for the month of December 2020.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 369/2020. 27/11/2020. 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.bcn.cl/leychile/navegar?idNorma=1152146

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 330/2020. 26/10/2020. 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.bcn.cl/leychile/navegar?idNorma=1150922

Inception date: 01 Dec 2020 | Removal date: 31 Dec 2020

Import tariff

On 27 November 2020, the Chilean Government adopted Exempt Decree 369/2020 which sets the new applicable discount on customs duties on raw sugar, sugar qualified as Grade 1 or 2, as well as Grade 3 and 4, and other substandard.

The new discount values are in force for a one-month period starting on 1 December 2020 and are to be applied to the ad valorem customs duties.

For raw sugar, the discount was increased to USD 68.87 per tonne, whereas the previous discount was USD 37.63 per tonne.

In the case of sugar qualified as Grade 1 or 2, the discount was increased to USD 146.88 per tonne, while the previously applicable discount was USD 124.06 per tonne. 

Finally, the discount for sugar qualified as Grade 3 or 4 and other substandard was increased to USD 100.97 per tonne, whereas the previously applicable discount was USD 72.20 per tonne.

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