Siam Trade Development: Your Source for Wine Excise Tax in Thailand From 22 february 2024 the new Excise rate for alcoholic beverages including wine is effective. A notification namely “Determining Excise Tax Rates (n. 39) – 2024, by virtue of Section 5, paragraph 1, of the Excise Tax Act B.E. 2017 issued by minister of… [read more]
Category Archives: Wine and Alcohol
Regulatory and Compliance, Wine and Alcohol
Duty Exemption on Wine in Thailand: Effective from today!
22
Feb
Feb
Duty Exemption on Wine in Thailand is finally effective from today! On February 22nd, a momentous development unfolded in Thailand’s trade landscape with the implementation of reduced duty rates for alcoholic beverages falling under HS codes 2204 and 2205, notably including wine. This is enforced by the note of Ministry of Finance namely “List of… [read more]
Regulatory and Compliance, Wine and Alcohol
Significant Changes in Policies in Wine Taxation in Thailand
03
Jan
Jan
Breaking News: Significant Changes in Policies in Wine Taxation in Thailand to Boost Tourism and Economic Growth In a landmark decision, the Thai Cabinet has approved a set of measures aimed at promoting Thailand as a premier tourist destination and enhancing the local economy. The focus is on transforming the country into a hub for… [read more]