Showing 1 - 9 of 9
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.
Earthquake unlikely to damage Thai GDP
Business, Wichit Chantanusornsiri, Published on 01/04/2025
» The impact of last week's earthquake is unlikely to affect Thai GDP this year, says Deputy Finance Minister Paopoom Rojanasakul.
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.
VAT on imports sent via post starts in May
Business, Wichit Chantanusornsiri, Published on 29/04/2024
» The Customs Department is scheduled to commence the collection of value-added tax (VAT) for imported goods sent through postal services, regardless of the value of the goods, starting in May.
Customs readies digital platform to aid importers
Business, Wichit Chantanusornsiri, Published on 29/03/2021
» The Customs Department is set to launch a digital platform to facilitate importers who are individual entrepreneurs to address import-related obstacles.
Customs urged to seek solutions for tax waivers
Business, Wichit Chantanusornsiri, Published on 22/03/2021
» The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized enterprises (SMEs).
Key official seeks to revoke VAT break
Business, Wichit Chantanusornsiri, Published on 08/07/2020
» Removing the value-added tax (VAT) exemption for goods of up to 1,500 baht per parcel and imported through the post is crucial to levelling the playing field for local vendors, particularly small and medium-sized enterprises (SMEs), says the Revenue Department.
New parcel appraisal method to debut
Business, Wichit Chantanusornsiri, Published on 13/02/2019
» The Treasury Department is poised to announce a new land appraisal system that will be used as a computation base for the imminent land and buildings tax, its chief says.
Rethinking our attitude towards populism
News, Wichit Chantanusornsiri, Published on 06/12/2018
» The new package intended for the poor, valued at 38 billion baht issued by the Prayut Chan-o-cha administration ahead of the election, is seen by critics as a populist tactic aimed at maximising political gain. Yet in my opinion, it's time we took a new look or changed our attitude toward populist policies. The fact is that all governments, elected or not, tend to embrace populism and even though some packages may not benefit the middle class, populist policies are just inevitable.