Customs urged to seek solutions for tax waivers
The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized enterprises (SMEs).
According to Patchara Anuntasilpa, director-general of the Customs Department, the department may consider measures similar to a non-tariff barrier to help protect domestic SMEs from low-priced imports that enjoy import tax and VAT waivers.
Wichit Chantanusornsiri
