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Search Result for “duty”

Showing 1 - 10 of 82

BUSINESS

Collection 2% short of target in Q1

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.

BUSINESS

Customs mulls higher import duty rate

Business, Wichit Chantanusornsiri, Published on 12/01/2026

» The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and imported products.

BUSINESS

Election puts new rules in limbo

Business, Wichit Chantanusornsiri, Published on 05/01/2026

» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

Customs cracks down on shoddy products

Business, Wichit Chantanusornsiri, Published on 23/12/2025

» The Customs Department has partnered with online sales platforms to crack down on sales of non-certified products.

BUSINESS

Import duty planned on Jan 1 for low-cost goods

Business, Wichit Chantanusornsiri, Published on 06/11/2025

» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.

BUSINESS

Co-pay scheme expects 900,000 stores

Business, Wichit Chantanusornsiri, Published on 16/10/2025

» The government kicked off retail shop registration yesterday for the "Khon La Khrueng Plus" co-payment scheme, expecting participation from at least 900,000 stores and an estimated 88 billion baht in economic circulation.

THAILAND

Govt doubts revenue will meet target

News, Wichit Chantanusornsiri, Published on 03/09/2025

» Government revenue collection fell 1.6% short of the target in the first 10 months of the 2025 fiscal year, according to the Finance Ministry.

BUSINESS

State mulls widening scope of fund outlays

Business, Wichit Chantanusornsiri, Published on 08/08/2025

» The government is considering expanding the scope of spending for the Competitiveness Enhancement Fund to cover businesses not promoted by the Board of Investment (BoI).

BUSINESS

Thailand considers excise tax hikes on imported EVs

Wichit Chantanusornsiri, Published on 18/07/2025

» The Ministry of Finance is studying the imposition of a higher excise tax on imported electric vehicles (EVs) that use a low proportion of local content.