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| Ministry of Finance Eases Personal Import Taxes |
| Last Modified at:05-Feb-2012 |
Customs and Purchase Tax will both be amended to reflect the Trajtenberg Committee's recommendations:
Customs Tax will be cancelled for items up to 325$ (equivalent to 1,200 NIS)
Import Tax will be canceled for items up to 75$ (equivalent to 277 NIS)
The exemptions will take place under the following conditions: 1. Items are sent through post or air mail 2. Items are for personal use only 3. Total transaction does not exceed 325$ (equivalent to 1,200 NIS)
The exemptions are expected to simplify the personal import of goods, up to 75$, that are not sent as gift parcels. Exemptions do not apply to tobacco products or alcoholic beverages.
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