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The Finance Ministry will abolish duties on all goods not produced in Israel

Finance Minister Moshe Kahlon declared in interview to the newspaper «Israel a-Yom» about the intention to abolish customs duties on all goods not produced in Israel, or their production in Israel is insignificant.

It is, among other things, cosmetics, shoes, elektrotovary, furniture, optics, etc.

It is also planned abolition of the tax on the purchase.

The Ministry of Finance estimates, this step will reduce the prices of many products of mass consumption on average by 10%, and would support an Israeli trading company.

The Finance Ministry will abolish duties on all goods not produced in Israel 24.11.2017

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