The quantity permitted for import for personal use: 5 units or $ 1,000

Posted on May 12, 2019 by Ifi Reporter

The Minister of Economy and Industry, Eli Cohen, signed a personal import order aimed at easing personal imports and implementing the exemptions promoted by the previous government in the area of ​​regulation.
The order is one of the tools to increase competition and reduce the cost of living, and will allow for the personal import of food additives, beauty products and cosmetics, car parts and transportation products such as car safety chairs, helmets, braking systems, vacuum cleaners, refrigerators, irons, dishwashers, , Televisions, tablets, printers and more
According to the order, the quantity permitted for imports of consumer goods for personal use will be up to five units or $ 1,000. For the products for which approval is required, the maximum time for approval will be two days, except for communications and transportation, for which time will be 14 days in the first two years and then five days.
In products for renovation or construction of a home, the consumer can import larger quantities, as long as he proves that the import is used for construction or renovation.
According to data provided by the Ministry of Economy in areas exposed to online trading and personal imports, the price dropped between 2011 and 2017. In cosmetics there was a drop of close to 20%, in watch and audio systems a decrease of about 50%, in the clothing and footwear sectors a decline of 10%, and in furniture and household equipment decreased by 15%. It was also reported that 10% of the basket of household consumption in Israel originates in imports, compared with 19% in the OECD countries, and personal imports are intended to cope with this gap.
 


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

House of Representatives voted in favor of the military aid package to Israel

Apr 20, 2024 by Ifi Reporter

The American House of Representatives voted this evening (Saturday) in favor of transferring the military aid package to Israel, Ukraine and Taiwan, worth 95 billion dollars. Israel's share of the aid package is expected to reach $14 billion, which will be used, among other things, to renew... Continue reading →

United Airlines Cancels Flights to Israel Until May 2 Amid Security Concerns

Apr 19, 2024 by Ifi Reporter

In response to ongoing security concerns, United Airlines has announced the cancellation of its daily flight from Newark to Tel Aviv until May 2. The decision reflects the airline's commitment to prioritizing the safety of its passengers and staff amidst the uncertain security situation.... Continue reading →

Court Orders Release of Hebrew University Lecturer Suspected of Incitement

Apr 19, 2024 by Ifi Reporter

 Professor Nadira Shalhoub-Kiborkian, a lecturer at Hebrew University, has been ordered to be released by the court. Shalhoub-Kiborkian was arrested on suspicion of incitement following her remarks regarding the Hamas attack on October 7 and the subsequent conflict. The Jerusalem... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.