ANNOUNCEMENT 28 May 2021

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. "Decreto Exento 184/2021, 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". 28/05/2021. https://www.bcn.cl/leychile/navegar?idNorma=1160325

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

Inception date: 01 Jun 2021 | Removal date: 30 Jun 2021

Import tariff

On 28 May 2021, the Chilean Government adopted Exempt Decree 184/2021 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 June 2021 and are to be applied to the ad valorem customs duties.

For raw sugar, the discount was increased to USD 127.12 per tonne, whereas the previous discount was USD 85.48 per tonne.

In the case of sugar qualified as Grade 1 or 2, the discount was increased to 214.61 USD per tonne, while the previously applicable discount was USD 189.48 per tonne. 

Finally, the discount for sugar qualified as Grade 3 or 4 and other substandard was raised to USD 162.12 per tonne, whereas the previously applicable discount was USD 127.07 per tonne.

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