Importers cash in on tax breaks | Bangkok Post: business

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Importers cash in on tax breaks

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More importers are cashing in on tax privileges from free trade agreements, making up at least 80% of import value at the moment, an increase from 20% in the past, the Customs Department chief said. 

The rising use of tax privileges from free trade agreements with Asean countries was attributed to importers' efforts to keep costs down to beef up competitiveness,  director-general Rakhop Srisupha-at said.

Automotive-related operators have enjoyed the most tax privileges, he said.

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