Announcement
04 Jul 2024
In July 2024, the Customs Department of Thailand lowered the minimum price of imported products for VAT exemptions from THB 1'500 (USD 40.81) to THB 1 (0.02).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Jul 2024
Revocation date:
31 Dec 2025
Updated: 04 Jul 2024
Internal taxation of imports
In force
On 4 July 2024, the Customs Department of Thailand issued Notification No.129/2024, lowering the minimum price of imported products for VAT exemptions from THB 1'500 (USD 40.81) to THB 1 (0.02). Th...
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