- The Ministry of Finance has implemented measures to improve the criteria for VAT refund for tourists.
- The Ministry aims to support tourism in Thailand and make the VAT refund process more convenient and efficient for foreign tourists.
- The Ministry has collaborated with the Customs Department and the Revenue Department to revise regulations related to VAT refund.
- The revised criteria include increasing the minimum purchase amount for displaying goods to customs from 5,000 baht to 20,000 baht.
- The revised criteria also include increasing the value of goods that need to be declared to customs, such as jewelry, watches, smartphones, and laptops.
- These measures aim to reduce the number of tourists who need to display goods and undergo customs inspection, making the process faster and more convenient.
- The revised criteria will be effective from December 1, 2016, and are expected to reduce the number of tourists waiting for customs inspection.
- The Ministry expects these measures to improve the image of Thailand and promote tourism in the country.
Source: rd.go.th
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
