Guatemala to Import corn with 0% Tariff

In order to supply the deficiency of the local market, the Ministry of Economy authorized the import of 75 thousand metric tons of white corn, which will be subject to a zero tariff.

Friday, May 21, 2021

The May 21 edition of the Diario de Centroamerica published Ministerial Agreement 232-2021, by means of which the Ministry of Economy authorizes the import of white corn, tariff code 1005.90.30.00.

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Article 3 specifies that "... any individual or legal person, as well as cooperatives, non-governmental organizations, may import white corn with zero percent tariff, provided they comply with the requirements and procedure established in this agreement."

The text explains that "... in order to benefit from the zero percent tariff, interested individuals or legal entities, cooperatives and non-governmental organizations must register in the DACE's Tariff Quota System."

According to the Agreement, importers may apply for award certificates up to a volume of 25,000 tons, provided that they attach a copy of the contract or proforma invoice. See full document.

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