Import Duty & Vat Exemption/refund On Goods Imported For Re-export

[sonicdragon]

I have read that for goods imported that are subsequently re-exported, import duty and VAT will be refunded.I could imagine a system were an importer could claim refunds of VAT and tarrif duty by showing evidence that the same goods had been re-exported, but I can't find any detailed information on this at all.

I have also read (on www.thaigov.go.th and www.customs.go.th) that "Goods imported for re-export are generally exempted from import duty and VAT." I read on the customs website about exemption under BOI. Surely BOI projects would not fall under the "general" case ? Also it seems to me that this scheme is for importers making large imports infrequently. So, what is the general case for exemption for goods imported for re-export ? I have a business in Hong Kong where we import goods in bulk from Europe by freight forwarder, courier and postal parcels, both big and small - with several incoming shipments every day - and re-export them to individuals and companies in Japan and Australia, by courier and post - again, with several outbound shipments every day. I am wondering whether it is feasible to move the business to Thailand. Any further information or links to the same, would be much appreciated.

[sonicdragon]

Anyone have thoughts or info on this ?

Thanks

SD

[Martin_F]

The VAT and import duty situation is quite complex in Thailand for a normal business and exporters have problems reclaiming VAT.

I would consider that Singapore may be a better option although more expensive for fixed costs the savings on day to day costs and cash flow in reclaim of VAT although there are some duty free areas but I believe these are for shipping, although may also be at airports.

You would probably need to look at a postion in airports and see if you can work with in the reexport regs of Thailand.

You would need to invest in a legal advisor to look at the possibilities.