The new criteria for customs clearance of imported goods valued at 1,500 Baht or less have been established in response to the government's policy aimed at addressing the issue of unfair pricing between overseas and local sellers. Overseas sellers were exempted from paying value added tax (VAT), while local sellers are required to pay it, creating an imbalance.
According to the Customs Department's announcement and effectively from July 5, 2024, imported goods with a total CIF value up to 1,500 Baht, previously VAT exempted, will be subject to 7% VAT. Such temporary measures will be valid until December 31, 2024 when legislation will supposedly close the loophole.
The de minimis regime will be still applied, but on customs duty exemption only.
Source: customs.go.th