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19 April 2022

Costa Rica’s Ministry of Economy, Industry and Commerce imposes additional ad valorem duty on sugar imports from Colombia

Sugar imports from Colombia have exceeded the volume allowed for the exemption from the additional ad valorem duty. As a result, sugar imports that fall under certain tariff codes will be subject to a higher tariff rate.

Through Statement DGA-007-2022, Costa Rica's General Customs Directorate announced sugar imports of Colombian origin corresponding to tariff codes 1701.99.00.00.10 and 1701.99.00.00.99 will be subject to the additional ad valorem duty. The additional ad valorem duty will apply because sugar imports from Colombia have exceeded the volume allowed for the exemption from the additional ad valorem duty, as established in Resolution RES-DGA-500-2020 of 25 November 2020.

The resolution established the exemption from the additional ad valorem duty for certain countries, including Colombia. The exemption applies as long as the imports do not exceed 3%, the equivalent of 796.12 metric tons.

The following table outlines how the additional ad valorem duty applies:

Tariff code

Effective start date

Expiration date

Ad valorem percentage

Additional percentage point increase

Total ad valorem percentage

170199000010

19/08/21

18/08/22

45

18.46

63.46

19/08/22

19/08/23

45

9.23

54.23

170199000099

19/08/21

18/08/22

45

18.46

63.46

19/08/22

19/08/23

45

9.23

54.23

 

20/08/23

 

45

0

45  

_________________________________________

For additional information with respect to this Alert, please contact the following:

Ernst & Young, S.A., San José, Costa Rica

Ernst & Young LLP (United States), Latin American Business Center, New York

Ernst & Young Abogados, Latin America Business Center, Madrid

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

Document ID: 2022-5405

 
 

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