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.

Reporter: Itiporn Lakarnchua
National News Bureau Of Thailand

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.