Service and News

Import/Export

Traders and Business

Web Traffic Statistics

  • 3 Active views
  • 270 Today views
  • 7,668 This month views
  • 230,353 Total views
For more information please contact. :
Customs Care Center at Tel. 1164
Thai Customs Department, 1, Suntorn Kosa Road, Klong Toey, Bangkok, 10110 Tel. +66-2667-6000, +66-2667-7000

Sample of Duty Assessment

Sample of Duty Assessment
Sample 1
Company A imports goods into Thailand. The CIF value of the imported goods and applicable taxes and duties are as follows:

CIF value of imports = 200 US$
Import duty = 60 %
Surcharge/Special duty = 10 US$
Fee = 50 US$
Interior tax = 10 %
Excise tax = 30 %
VAT = 7 %

How much should total import duties and taxes be imposed on this import
Calculation Method:

1. Import duty = (CIF value * rate of import duty) + surcharge
= (200 * 0.6) + 10
= 120 + 10
= 130
(Note: The amount 130 is to be used for calculation of excise tax and VAT.)

2. Fee = 50
3. Excise tax = (CIF value + import duty + Fee) * {Rate of excise tax/1-(1.1 * Rate of excise tax)}
= (200+130+50) * {0.3/1-(1.1*0.3)}
= 380 * 0.4477612
= 170
4. Interior tax = Excise tax * Rate of interior tax
= 170 * 0.1
= 17
5. Base VAT = CIF value + Import duty + Fee + Excise tax + Interior tax
= 200 + 130 + 50 + 170 + 17
= 567
6. VAT = Base VAT * Rate of VAT
= 567 * 0.07
= 40
Total taxes and duties = 1 + 2 + 3 + 4 + 6 = 407 US$

Sample 2
Company A imports goods into Thailand. The CIF value of the imported goods and applicable taxes and duties are as follows:

CIF value of imports = 100 Baht
Import duty = 60 %
Special duty = 20 % of import duty
Interior tax = 10 % of excise tax
Excise tax = 3 %
VAT = 7 %

How much should total import duties and taxes be imposed on this import
Calculation Method:

1. Import duty = (CIF value * rate of import duty)
= (100 * 0.6)
= 60 Baht

2. Special Duty = Rate of special duty * Import duty
= 0.2 * 60
= 12 Baht

3. Excise tax = (CIF value + import duty + Special duty) * {Rate of excise tax/1-(1.1 * Rate of excise tax)}
= (100+60+12) * {0.03/1-(1.1*0.03)}
= 172 * 0.0310238
= 5.34 Baht

4. Interior tax = Excise tax * Rate of interior tax
= 5.34 * 0.1
= 0.54 Baht
5. Base VAT = (CIF value+ Import duty+ Special duty+ Excise tax + Interior tax) * Rate of VAT
= (100 + 60 + 12 + 5.34 + 0.54) *0.07
= 12.46 Baht
Total taxes and duties = 1 + 2 + 3 + 4 + 5 = 90.34 Baht


WARNING: The information in this website is intended as a general guideline only and subject to changes without prior notice. It does not in any way replace or supersede Customs and related laws or regulations. Before relying on the information on the Website, users should independently verify its accuracy, completeness and relevance for their purposes.
 

Last update : February 19, 2016 09:48:45
For more information please contact. : Customs Standard Procedures and Valuation Bureau
Customs department 1 Suntornkosa Road, Klongtei Bangkok 10110 Thailand
Telephone number : +662-667-6000