Table of Tax and Duty Rates
Table of Tax and Duty Rates
| Type of Vehicles |
Cylinder Capacity |
Duty (%) |
Excise Tax (%) (Multiplier) |
Interior Tax (%)* |
VAT (%) |
Total (%) |
| Personal Vehicle including passenger vehicle with not more than 10 seats |
- Not exceeding 2000cc. and not more than 220 horse power |
80 |
30 (0.4477612) |
10 |
7 |
187.47 |
| - 2001 cc. but not exceeding 2500 cc. with not more than 220 horse power |
80 |
35 (0.5691057) |
10 |
7 |
213.171 |
| - 2501 cc. or but not exceeding 3000 cc. with not more than 220 horse power |
80 |
40 (0.7142857) |
10 |
7 |
243.94 |
| - Exceeding 3000cc. or more than 220 horse power |
80 |
50 (1.1111111) |
10 |
7 |
328 |
* Interior tax is calculated at 10% of excise tax.
| Example Calculation of Taxes and Duties |
| |
| CIF value of the imported vehicle and applicable taxes and duties are as follows: |
|
|
= |
100 Thai Baht |
|
|
= |
80 % |
|
|
= |
35 % |
|
|
= |
10 % of excise tax |
|
|
= |
7 % |
| |
| The total import duties and taxes imposed on this import are calculated as follows: |
| |
|
1. Import duty
|
= |
(CIF value * Rate of import duty) |
| |
= |
(100 * 0.8) |
| |
= |
80 Thai Baht |
| |
|
|
| 2. Excise tax |
= |
(CIF value + import duty) * {Rate of excise tax/1-(1.1 * Rate of excise tax)} |
| |
= |
(100+80) * {0.35/1-(1.1*0.35)} |
| |
= |
180 * 0.5691057 |
| |
= |
102.439 Thai Baht |
| |
|
|
| 3. Interior tax |
= |
Excise tax * Rate of interior tax |
| |
= |
102.439 * 0.1 |
| |
= |
102.439 Thai Baht |
| |
|
|
| 4. Base VAT |
= |
(CIF value+ Import duty+ Excise tax + Interior tax) |
| |
= |
(100 + 80 + 102.439 + 10.2439) |
| |
= |
292.6829 Thai Baht |
| |
|
|
| 5. VAT |
= |
Base VAT * VAT Rate |
| |
= |
292.6829 *0.07 |
| |
= |
20.4878 Thai Baht |
| |
|
|
Total taxes and duties = 1 + 2 + 3 + 5 = 213.171 Thai Baht
|
| Type of Vehicles |
Cylinder Capacity |
Duty (%) |
Total (%) |
| Motor Vehicle (Tariff Heading 87.03) |
- Not exceeding 2000cc. |
80 |
188 |
| - 2001 cc. but not exceeding 2500cc. |
80 |
213 |
| - 2501 cc. or but not exceeding 3000cc. |
80 |
244 |
| - More than 3001cc. |
80 |
328 |
| Motorcycle (Tariff Heading 87.11) |
|
60 |
77.04 |
| Electric Motorcycle |
|
60 |
72 |
| Electric Bicycle |
|
60 |
72 |
Last Updated Friday, 12 December 2008 @ 01:12 AM ICT|
- 
Hi, this is helpful but still for "personal vehicles"
1 comments