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Thailand: Second phase of the stimulus package announced in response to the COVID-19 pandemic (March 2020)

Description

On 24 March 2020, Thailand's Cabinet as part of the second phase of the stimulus package in response to the COVID-19 pandemic announced an exemption from the Value Added Tax (VAT) on materials importe...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

24 Mar 2020

Revocation date

31 Mar 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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