The Revenue Department plans to propose to the finance minister revising the value-added tax (VAT) payment law for businesses buying scrap iron for recycling as some firms are issuing fake VAT invoices, says director general Lavaron Sangsnit.
Source: www.bangkokpost.com
Latest Posts in "Thailand"
- Thailand Updates Excise Tax and Incentives for Electric Vehicles Under New EV 3.5 Package
- Thailand Confirms No VAT Increase, Maintains 7% Rate Until at Least 2026
- New Government Rules Out VAT Hike, Prioritizes Economic Recovery Over Next Three Years
- Is It Time for Thailand to Raise VAT to 10%? Global and ASEAN Comparisons
- Thai Parties Oppose VAT Hike, Warn of Rising Costs for Households and Small Businesses














