Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Israel Either by a private individual or a commercial entity.
The valuation method is CIF.
- The import dutyA tax charged on certain goods which are brought into a coun... and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight and the cost of insurance.
- Along with Import dutyA tax charged on certain goods which are brought into a coun..., import goods are also subject to Sales TaxKnown as VAT (Value Added Tax) in the UK. A tax based on the..., Purchase TaxA fee imposed by a government on personal or corporate incom..., and Import Port Fee.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Israel:
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
Varying range | 50% | 17% | No duty if FOB value is upto US$1000 and No duty, VAT and Purchase TaxA fee imposed by a government on personal or corporate incom... if FOB value is less than or equal to US$75. |
Please refer this page for more information.
Israel imposes excise taxes on a variety of goods (e.g. gasoline and diesel fuel used for transportation, tobacco, alcohol). The excise taxes are levied item-by-item, and the rates vary.
Purchase Tax(ad valorem) can vary from 0% to 278%.
Import Port Fee is applied on airfreight imports and the amount depends on the weight of the shipment.
Below are the Import Port Fees on air shipments for Israel:
Weight | Import Port Fee |
---|---|
<50Kg | US$36.49 |
>50Kg | US$50.31 |
NOTE
- Israel has concluded free-trade agreements with the United States, Canada, Mexico, the European UnionEU. Previously called the European Community. An internation... (EU), and the European Free TradeThe buying and selling or exchange of goods and services. Th... Association (EFTA).
- Purchase TaxA fee imposed by a government on personal or corporate incom... is calculated on the sum of the CIF value, import dutyA tax charged on certain goods which are brought into a coun... and import Port Fee.
- Import Port fees are different for air, ocean and road shipments.
- VAT is calculated on the sum of CIF value, duty and other charges applicable.
- Total value of productThe result of a manufacturing or natural process (such as fo... is calculated on the sum of CIF value, import dutyA tax charged on certain goods which are brought into a coun... and VAT.