Thai Baht coins

Customs Department to clampdown on import tax collection after 10 billion baht shortfall

BANGKOK, 5 July 2017 (NNT) – The Customs Department has ordered stringent reporting of imported goods after identifying a 10 billion baht drop in tax collection over the first 6 months of this year.

Director-General of the Customs Department Kulit Sombatsiri, taking part in an event to mark the founding of the Customs Department 143 years ago, revealed that customs duties collection over the past 6 months brought in 80 billion baht in revenue. The figure is 10 billion baht under target. Three billion baht of the loss was attributed to the second phase of tax structure adjustment, 4 billion to the use of free trade privileges by some countries and another 3 billion to privileges offered to ASEAN auto-makers.

Full story: NNT

Reporter: Itiporn Lakarnchua
National News Bureau Of Thailand

Share this article

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

Leave a Reply

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.