Showing 1 - 10 of 13
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.
Thais revise trade offer with US
News, Wichit Chantanusornsiri, Published on 08/07/2025
» Thailand has offered to commit to a 20-year liquefied natural gas (LNG) import deal with the United States, and plans to acquire Boeing aircraft over the coming years to avert a punitive 36% export levy threatened by the Trump administration, according to Deputy Prime Minister and Finance Minister Pichai Chunhavajira.
Jockeying for pole position
Wichit Chantanusornsiri, Published on 20/01/2025
» The development of Thailand's automotive industry, which is a major contributor to the economy, is at a crossroads.
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
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.
Excise Department hopeful about rearranging tax structure
Business, Wichit Chantanusornsiri, Published on 12/04/2023
» The Excise Department plans to overhaul the tax structure to make it fairer and align it with the current environment, says deputy director-general Kriengkrai Pattanaporn.
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.