Showing 11 - 20 of 31
Revenue defends VAT refund contract award
Business, Wichit Chantanusornsiri, Published on 03/10/2018
» The Revenue Department has insisted selecting Counter Service Co, a payment service provider wholly owned by CP All Plc, to provide value-added tax (VAT) refunds for foreign tourists outside airports was done in a transparent manner.
Counter Service to charge 10% fee for VAT refund
Wichit Chantanusornsiri, Published on 02/10/2018
» Counter Service, the first agent for tourist VAT refund, will charge a 10% fee for the service, according to the Revenue Department.
Three juristic entities apply to offer VAT refund service
Business, Wichit Chantanusornsiri, Published on 25/09/2018
» Three applicants have proposed to offer refund services for value-added tax (VAT) for foreign tourists, says the Revenue Department.
Finance Ministry forecasts B3bn tab for welfare VAT payback
Business, Wichit Chantanusornsiri, Published on 08/09/2018
» The six-month period of value-added tax (VAT) payback to welfare smartcard holders is estimated to cost the government 3 billion baht.
20,000 more electronic data capture devices planned
Business, Wichit Chantanusornsiri, Published on 24/04/2018
» An additional 20,000 electronic data capture (EDC) devices are set to be installed at Thong Fah Pracha Rat and Pracha Rat shops across the country to facilitate state welfare smart card holders' spending, says a senior official at the Finance Ministry.
Online sellers accused of sidestepping taxes
Business, Wichit Chantanusornsiri, Published on 26/03/2018
» Some merchants are exploiting the online distribution channel to avoid tax payment even though they have physical shops, says a source at the Revenue Department.
Shopping points to offer VAT refunds
Business, Wichit Chantanusornsiri, Published on 23/03/2018
» The Revenue Department will allow five department stores to offer value-added tax (VAT) refund services for foreign tourists as a pilot project, a move meant to offer convenience to international shoppers and encourage spending.
GSB offers occupation loans
Business, Wichit Chantanusornsiri, Published on 21/11/2017
» The state-owned Government Savings Bank (GSB) is set to offer 10 billion baht in loans, aimed at encouraging the state welfare scheme's recipients to get jobs and escape poverty.
Mini-mart draught beer tax mulled
Business, Wichit Chantanusornsiri, Published on 16/10/2017
» The Excise Department found issue with sales of draught beer at convenience stores and is ready to regulate the business if any operators offer the product.
Welfare card to spur sales at local Thong Fah shops
Business, Wichit Chantanusornsiri, Published on 14/09/2017
» The government's welfare and subsidy scheme for the poor is expected to create more than 30 billion baht a year in circulating cash at local stores, a liquidity boost that should help the grassroots economy.