I have started to import merchandise from abroad. Which costs are involved?

I have started to import merchandise from abroad. Which costs are involved?

It is customary to differentiate between the costs for global freight and between the costs for taxes and tolls that are transferred to the state and the ports and that are charged by the customs broker (as a messenger of costs), each component according to its own cost, backed up by the necessary documents. As far as the global freight costs are concerned, the first mandatory cost will be for the shipping to Israel, whether it’s by air or by sea. The second cost is for the handling involved in the customs brokerage. In addition to that, there are costs to the ports and delivery orders to the shipping company or the airline.

As far as the taxes and the tolls are concerned:

The necessary payments are: Customs fees, purchase tax, fee to the Israeli standards institute, port tax, storage at the port and platform costs. The highest cost is the VAT, which today is 17%, and is expected to rise further. And should you choose to hire the services of a customs broker you will have to pay him as well.

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