ANNOUNCEMENT 25 Jun 2021

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

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. "Decreto Exento 239/2021, 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 subestándare". 25/06/2021. Available at: https://www.bcn.cl/leychile/navegar?idNorma=1161983

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

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

Import tariff

On 25 June 2021, the Chilean Government adopted Exempt Decree 239/2021 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.

For raw sugar, the discount was increased to USD 129.26 per tonne, whereas the previous discount was USD 127.12 per tonne (see related state act).

The new discount values are in force for a one-month period starting on 1 July 2021 and are to be applied to the ad valorem customs duties.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

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

Import tariff

On 25 June 2021, the Chilean Government adopted Exempt Decree 239/2021 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.

For sugar qualified as Grade 1 or 2, the discount was decreased to 208.83 USD per tonne, while the previously applicable discount was USD 214.61 per tonne (see related state act).

Additionally, the discount for sugar qualified as Grade 3 or 4 and other substandard was also decreased to USD 161.09 per tonne, whereas the previously applicable discount was USD 162.12 per tonne (see related state act).

The new discount values are in force for a one-month period starting on 1 July 2021 and are to be applied to the ad valorem customs duties.