Accurate HS Code Lookup for Israel: Tariff Classification & Duty Codes

An HS code, or Harmonized System code, is an international standardized system of names and numbers to classify traded products. It is used by countries to classify and identify goods for customs purposes, including the calculation of taxes such as VAT at a rate of 17% and duties, which varies by product. The HS code is crucial for determining the correct customs procedures, including the payment of duties in ILS.

In Israel, the classification of goods is based on the Harmonized System (HS) and the Israeli Customs Tariff. The Israeli Customs Authority is responsible for classifying goods and determining the applicable HS code. Importers must ensure that their goods are correctly classified to avoid delays, fines, and additional costs in ILS. The correct classification also affects the amount of VAT at a rate of 17% and duties payable, which varies by product.

One of the most common mistakes importers make is incorrect HS code classification. This can lead to delays, fines, and additional costs in ILS. Other mistakes include failing to consider the country of origin and not providing adequate documentation. Importers must also be aware of the applicable VAT at a rate of 17% and duties, which varies by product, to avoid unexpected costs. It is essential to consult with a trade compliance expert to ensure accurate classification and compliance with Israeli customs regulations.

The Israeli Customs Tariff code is a 10-digit code that consists of the HS code (first 6 digits) and an additional 4 digits that provide further classification. The first 2 digits represent the chapter, the next 2 digits represent the heading, and the last 2 digits represent the subheading. The additional 4 digits provide more specific classification and are used to determine the applicable duties, which varies by product, and VAT at a rate of 17%.