ANNOUNCEMENT 10 Aug 2011

In August 2011, the government of Chile announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Decree No. 1148 (in Spanish),
http://www.leychile.cl/Navegar?idNorma=1035290
Current Customs Tariffs in Chile (in Spanish),
http://normativa.aduana.cl/aduana/site/artic/20111222/pags/20111222114144.html


Inception date: 01 Jan 2012 | Removal date: open ended
Still in force

Import tariff

On 10 August 2011, Chile's Ministry of Finance adopted Decree No. 1148 implementing the new customs tariffs law. The new regulation introduces a flat tariff of 6 per cent for all goods imported to Chile (with very few exceptions under section 0: special tariff treatment). This amounts to a de facto reduction in import tariffs compared to the previous law, in force since 2007, which featured some import tariffs above 6 per cent. For example, the previous import tariff on meat was set at 9.3 per cent. This measure enters into force on 1 January 2012.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A