Web20 Sep 2024 · If the total value of your shipment – calculated based on its cost, insurance and freight (CIF) – is less than the de minimis valueof THB 1,500, you are exempt from … Web16 Jun 2013 · - Import duty: 20-60% of CIF (cost, insurance and freight); - Special duty: Import duty (special duty rate); - Excise tax: (CIF plus import duty plus Special duty) (excise tax...
Thailand - Import Requirements and Documentation
Web23 Feb 2024 · Thailand Corporate - Other taxes Last reviewed - 23 February 2024 Value-added tax (VAT) The standard rate of VAT is 10%, but the rate is currently reduced to 7% … Web23 Nov 2024 · Value Added Tax (VAT) has been implemented in Thailand since 1992 replacing Business Tax (BT). VAT is an indirect tax imposed on the value added of each stage of production and distribution. ... Tax base = C.I.F. price + Import duty + Excise Tax (if any) + other taxes and fees (if any) 3.3 Exported Goods Tax base = F.O.B. price + Excise … egypt air toronto office
Thailand - Corporate - Other taxes - PwC
WebThe Tax Free Threshold Is 1500 THB. If the full value of your items is over 1500 THB, the import tax on a shipment will be 7%. For example, if the declared value of your items is … WebThai students or Thai government officials who pursued their study or study visit abroad and Thai people who moved to live abroad may import the used/secondhand household effects acquired abroad tax and duty free provided that they have owned, possessed, and used the household effects before they returned to Thailand to resume residence and that there is … Web8 Feb 2013 · VAT: (CIF + Import Duty + Excise Tax + Interior Tax + Profit) * 0.07 . Total Taxes: Import Duty + Excise Tax + Interior Tax + VAT ... " Thai Excise Taxes. As you can see from the above calculations, the official excise tax is not applied directly - as a result the effective tax rate is substantially higher than what the published numbers suggest. folding mattress single