Import tax on Wine in Thailand are 4:
- Duty
- Excise
- Local Taxes
- Value Added Tax
DUTY is calculated ad-valorem, based on the purchase invoice. Countries without FTA pay 54%, for Countries lilke New Zealand, Australia, Chile duties are reduced.
EXCISE is claculated in two different ways:
- Ad valorem tax, based on intended retail price in Thailand. If retail price is above 1.000 THB tax is 10% of the declared price. If 999 THB or below, tax is zero.
- Tax based on Alcohol content according to this formula: (Alcohol content x Content in litres x 1500 THB) / 100
Summarizing, one 0.75 litres bottle of wine with 14% alcohol content, sold in the shop at 1.400 THB, will pay: 0.75*14*1500/100 = 157.50 THB based on alcohol and 1400*10% = 140 THB. Total excise shall be 297.50
LOCAL TAXES are 5, calculated on the amount of Excise paid: 10% + 2% + 1.5% + 2% + 2%. In this case, our bottle paying 297.50 THB Excise Tax will be levied a further 52.06 THB, for a total of 349.56 THB.
VAT is 7% calculated on the CIF price + Duty + Excise + Local Taxes.
Globally import tax on wine in Thailand are 400% of the purchase price.
We remind you that labels must be approved before import. Siam Trade Development can license for you and take care of import procedure of your wine.
