Israel: Is COVID-19 Expected More Than a War? (The Increase in Customs Value in Israel, Due to the COVID-19 Increase in Transport Prices – The Problem, and the Solution)
Omer Wagner
Omer Wagner*, LL.B (Bachelor of law), Advocate for customs and international trade, Department of Indirect Taxation, PWC Israel, Tel-Aviv Jaffa, Israel.
Manuscript received on July 17, 2021. | Revised Manuscript received on July 22, 2021. | Manuscript published on July 30, 2021. | PP: 20-23 | Volume-5, Issue-11, July 2021. | Retrieval Number: 100.1/ijmh.K13530751121 | DOI: 10.35940/ijmh.K1353.0751121
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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Sea freight prices have risen sharply, due to the COVID-19 crisis, global shortages of ships, declining competition in the field, and containers of contagious demand. The increase in transportation costs leads to the increase in the value of goods for customs purposes, and to a further collection of customs duties. The Israeli law allows the state to facilitate importers and waive the extra customs duties, and similar and other facilitations have been made in the past. Therefore, all that is required is the flexibility and activation of goodwill on the part of the state, when interpreting the law.
Keywords: Customs, Valuation, Transport, Covid19, Israel.