IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2014 | Removal date: open ended
Still in force

Import tariff

On February 25, 2014, the Finance Committee of the Knesset approved a reduction of the import duty on polished diamonds to 0.1% (previously at 0.135%) ad valorem upon the request of the Israeli Diamond Industry. The measure entered into force on March 1, 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

163 Precious & semi-precious stones; natural abrasives; other minerals
7102 Diamonds, whether or not worked, but not mounted or set.
710231 Unworked or simply sawn, cleaved or bruted
382 Jewellery & related articles
7102 Diamonds, whether or not worked, but not mounted or set.
710239 Other

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