The Prime Minister accepts the proposal from the FTI to expedite Chinese products hitting the Thai market.


Bangkok, The Prime Minister accepts the proposal from the FTI to expedite Chinese products hitting the Thai market. Ready to order the Permanent Secretary of the Ministry of Finance to arrange a meeting with the Director-General of the Revenue Department. and Director General of the Customs Department Find a solution to this matter urgently.

Mr. Settha Thavisin, Prime Minister and the Finance Ministry, posted via Until causing concern to Thai manufacturers who are unable to compete on price, namely

1.? ?There is a false declaration through the Free Trade Zone of less than 1,500 baht in order to intend to avoid VAT.

2.? ?There are cheap products, especially from China, dumped into the Thai market from online products and taking advantage of the Free Trade Zone that has been established for the benefit of customs duties in industrial, commercial or other beneficial activities. for the national economy

3.? ?There is the practice of smuggling goods through customs by declaring false information in order to av
oid taxes.

However, it is considered to have an impact on Thai entrepreneurs, manufacturers, and small traders. Affected by the inability to compete on price This is because most imported products are cheaper because they are exempt from taxes. It is also a low quality product that lacks standard certification from government agencies. And there is also the problem of intellectual property infringement.

The Prime Minister has received a proposal document from the Joint Committee of 3 Private Sector Institutions (CPC) regarding guidelines for dealing with this matter. and ordered the Permanent Secretary of the Ministry of Finance to arrange a meeting with the Director-General of the Revenue Department and Director General of the Customs Department today immediately In collecting value added tax In order not to put entrepreneurs in the country at a disadvantage. .

Source: Thai News Agency