ANNOUNCEMENT 29 Apr 2021

The government of Chile increased the discounts on the applicable customs duties on sugar, establishing the values valid for the month of May 2021.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. "Decreto Exento 131/2021, 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". 29/04/2021. Available at: https://www.bcn.cl/leychile/navegar?idNorma=1158943

Public Finance Ministry. Ministerio de Hacienda. "Decreto Exento 76/2021, 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". 22/03/2021. Available at: https://www.bcn.cl/leychile/navegar?idNorma=1156323

Inception date: 01 May 2021 | Removal date: 31 May 2021

Import tariff

On 29 April 2021, the Chilean Government adopted Exempt Decree 131/2021 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 May 2021, and are to be applied to the ad valorem customs duties. For the previous values, please see related state act.

For raw sugar, the discount was decreased to USD 85.48 per tonne, whereas the previous discount was USD 120.18 per tonne.

In the case of sugar qualified as Grade 1 or 2, the discount was decreased to 189.48 USD per tonne, while the previously applicable discount was USD 218.33 per tonne. 

Finally, the discount for sugar qualified as Grade 3 or 4 and other substandard was decreased to USD 127.07 per tonne, whereas the previously applicable discount was USD 159.45 per tonne.

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