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Posted

Five years ago we bought a new car and received a tax credit there was a condition to this gift in that if we sold the car before it was a certain age we would have to pay the tax credit back.....does anyone know the rules concerning payback

Posted

The scheme was established for first-time car buyers purchasing cars that are manufactured in Thailand, have an engine size no greater than 1,500cc and are sold at a price not exceeding THB1m (USD31,750). Purchasers have to retain ownership of the vehicles for at least five years, and the maximum purchase tax refund per vehicle is THB100,000, for cars purchased between September 16, 2011 and December 31, 2012.

The scheme ended in December 2012 so every car bought under the scheme is over 5 years old and can be sold without having to pay back the tax rebate.

Posted

You can sell the car after five years has passed since first registration without any penalty. If registration of new owner is made before five years has passed - the full "tax credit" has to be returned. 

Posted
7 minutes ago, Tim16 said:

have an engine size no greater than 1,500cc

My 3 litre Vigo qualified, Bht 93000 back, thank you Yingluck.X

Posted
1 hour ago, wgdanson said:

My 3 litre Vigo qualified, Bht 93000 back, thank you Yingluck.X

Yes, it was maximum 1,5 liter + pickup trucks.

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