All imported goods now face 7% VAT

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PeteC
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All imported goods now face 7% VAT

Post by PeteC »

All imported goods now face VAT.

https://www.bangkokpost.com/business/ge ... w-face-vat

Following a mandate from Prime Minister Srettha Thavisin, the government looks set to impose a 7% value-added tax (VAT) on imported goods valued from one baht up, commencing in May.

Goods sold for less than 1,500 baht per parcel and imported to Thailand are currently exempt from VAT.......
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