reader Posted April 29 Share Posted April 29 Thai customs authorities are preparing to strengthen the application of the value added tax (VAT) on the content of all packages arriving in the Kingdom from abroad. From The Thaiger The Customs Department of Thailand next month is set to begin levying value-added tax (VAT) on all imported goods sent through postal services, regardless of the items’ value. This move comes in response to low-priced imports from China that have been flooding the market, providing an unfair edge as domestic producers are taxed. Currently, imported goods sent via postal services are not subjected to import duties and VAT if the cost, insurance, and freight (CIF) value of each item is declared to be less than 1,500 baht. However, the Finance Ministry plans to enforce the collection of VAT on all imported goods, irrespective of their value, while still maintaining the exemption from import duties. The finance permanent secretary, Lavaron Sangsnit, disclosed that the Customs Department will swiftly proclaim this new tax collection policy, which is a faster solution than revising the Revenue Code. However, he also mentioned that the threshold for exempted goods should not encompass prohibited items. https://thethaiger.com/news/business/thai-customs-to-impose-vat-on-all-postal-imports-regardless-of-value KeepItReal 1 Quote Link to comment Share on other sites More sharing options...
KeepItReal Posted April 29 Share Posted April 29 21 minutes ago, reader said: Thai customs authorities are preparing to strengthen the application of the value added tax (VAT) on the content of all packages arriving in the Kingdom from abroad. From The Thaiger The Customs Department of Thailand next month is set to begin levying value-added tax (VAT) on all imported goods sent through postal services, regardless of the items’ value. This move comes in response to low-priced imports from China that have been flooding the market, providing an unfair edge as domestic producers are taxed. Currently, imported goods sent via postal services are not subjected to import duties and VAT if the cost, insurance, and freight (CIF) value of each item is declared to be less than 1,500 baht. However, the Finance Ministry plans to enforce the collection of VAT on all imported goods, irrespective of their value, while still maintaining the exemption from import duties. The finance permanent secretary, Lavaron Sangsnit, disclosed that the Customs Department will swiftly proclaim this new tax collection policy, which is a faster solution than revising the Revenue Code. However, he also mentioned that the threshold for exempted goods should not encompass prohibited items. https://thethaiger.com/news/business/thai-customs-to-impose-vat-on-all-postal-imports-regardless-of-value A few times I have sent luggage ahead of time to avoid the airport schlepping. I doubt the new rules will impact that (there is no value add to tax) but I will check with the vendor before doing so again. reader 1 Quote Link to comment Share on other sites More sharing options...
t0oL1 Posted May 1 Share Posted May 1 I have avoided ordering from Thailand specifically because of this. Ordering in is an invitation to have your purchase stolen because of non-payment of import fees. Quote Link to comment Share on other sites More sharing options...
