ustoms Duty Tax
Customs duty is mainly imposed on import and some export goods specified in the Customs Tariff statute. Exported goods that are subject to customs duty include rice, rubber, leather, and teak. In general, the invoice price is the basis for computation of duty and normally applied to CIF (Cost, Insurance, and Freight) value for import and FOB (Free On Board) for export.
Thailand being a member country of the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) adopts practices and standards in accordance with the GATT codes in determining customs price.