TARIFF AND DUTY RATES
Types of Duty:
Import Duties
Generally, these duties levied on any imported goods before releasing them from the custody of Customs; except for goods receiving specific privilege that qualifies according to the law, whereby their duties are reduced or waived.
There are three types of duties that any importer has to pay before the imported goods are released from the custody of Customs:
Customs Import Duties with an ad valorem rate;
Excise Tax for Excise Department and Interior Tax;
Value Added Tax (VAT) for the Revenue Department
At present, there are six duty rates for imported goods, excluding vehicles.
Export Duties
There are two items of exported goods that have to pay duties:
Raw hide
Wood, sawn-wood, and articles made of wood
Rates of Duty
There are six duty rates for imported goods, excluding vehicles which have special rates. These duty rates are as follows:
Duty rate is 0% for goods that government policy provides not to collect duties
Duty rate is 1% for raw materials
Duty rate is 5% for primary products and capital goods
Duty rate is 10% for intermediate products
Duty rate is 20% for finished products
Duty rate is 30% for government protected goods
There are two rates of duty to be paid for exported goods:
Duty rate of 5 baht/kg for raw hide
Duty rate of 40% for wood and sawn wood
Payment of Duties
All duties shall be levied in accordance with the provisions of Thai Customs Law and the Law on Customs Tariff. Payment of duties shall be made to the Competent Officer at the time of passing the entry. Duties can be paid either by cash or cheque. Cheques must be drawn on the Bank of Thailand but certified cheques from other commercial banks are also accepted.
Duties or acceptable guarantee must be paid to the Customs prior to the examination of the goods.
Where the importer requests clearance of goods subject to a dispute, such goods can be released either by:
Paying the maximum rate of duty and reserving the right to settle the dispute at a later time;
Paying the amount of duty declared together with an additional amount covering the maximum payable duty as a guarantee.