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Grant

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  1. The following example shows a breakdown of the liable taxes and duties assessed on the vehicles less than 2400 c.c. cylinder capacity with a CIF value of 1,000,000 Baht.

    CIF value of the imported vehicle and applicable taxes and duties are as follows:

    CIF value of the import = 1,000,000 Baht

    Import duty = 80 %

    Excise tax = 35 %

    Interior tax = 10 % of excise tax

    VAT = 7 %

    The total import duties and taxes imposed on this import are calculated as follows:

    1. Import duty = (CIF value * Rate of import duty)

    = (1,000,000 *

    = 800,000 Baht

    2. Excise tax = (CIF value + import duty) * {Rate of excise tax/1-(1.1 * Rate of excise tax)}

    = (1,000,000+800,000) * {0.35/1-(1.1*0.35)}

    = 1,800,000 * 0.5691057

    = 1,024,390.20 Baht

    3. Interior tax = Excise tax * Rate of interior tax

    = 1,024,390.20 * 0.1

    = 102,439.02 Baht

    4. Base VAT = (CIF value+ Import duty+ Excise tax + Interior tax)

    = (1,000,000 + 800,000 + 1,024,390.20 + 102,439.02)

    = 2,926,829.20 Baht

    5. VAT = Base VAT * VAT Rate

    = 2,926,829.20 *0.07

    = 204,878.04 Baht

    Total taxes and duties = 1+2+3+5 = 2,131,707.20 Baht or 213.2%

    2400 to 3000 cc but no more than 220 hp is 250.82%

    3000 cc and up 308%

    SUV no more than 220 hp 182%

    discount depend on year of the car - 5 to 70%

    http://www.customs.go.th/Customs-Eng/Perso...Nme=PersonalPer

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