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Import/Export duty on goods sold and shipped overseas direct from China?


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Is anyone out there able to advise re. how a Thai Co. accounts tax/duty-wise for stuff manufactured overseas (China), sold and shipped, direct from the factory, to a different overseas country (e.g. Europe).
Scenario: The product (sports equip) is not physically imported into Thailand and then exported. But the Chinese factory is paid by the Thai Co. and product sold (& shipped) to overseas buyers is invoiced by the Thai Co. and money collected by the Thai Co.

How is tax / import-export / VAT etc. dealt with according to Thai law?

Any pointers appreciated :)

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