Import duties waived to ease flood impacts
Wichit Chaitrong
The Nation
The Customs Department will cut or waive import tariffs on vehicles and automotive parts, on condition that the imports are for domestic consumption, said Deputy Finance Minister Boonsong Teriyapirom.
Lower tariffs will also be imposed on imported goods, to be donated to flood victims.
To ease flood impacts, importers are waived from import tariffs on machinery, while exporters are allowed six more months to request tax refund .
"These measures would last until things are back to normal," said Boonsong.
-- The Nation 2011-11-07
http://www.nationmultimedia.com/business/Import-duties-waived-to-ease-flood-impacts-30169416.html
Wichit Chaitrong
The Nation
The Customs Department will cut or waive import tariffs on vehicles and automotive parts, on condition that the imports are for domestic consumption, said Deputy Finance Minister Boonsong Teriyapirom.
Lower tariffs will also be imposed on imported goods, to be donated to flood victims.
To ease flood impacts, importers are waived from import tariffs on machinery, while exporters are allowed six more months to request tax refund .
"These measures would last until things are back to normal," said Boonsong.
-- The Nation 2011-11-07
http://www.nationmultimedia.com/business/Import-duties-waived-to-ease-flood-impacts-30169416.html