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Thai Cabinet Approves Up to 30% Tariff on Imported Online Goods

Prachachat Business One source

The Thai Cabinet has approved a new customs duty rate of up to 30% on imported online goods to support local businesses.

The Thai Cabinet has officially approved a draft Ministry of Finance announcement to adjust customs duty rates for urgent imported goods, with a maximum increase of 30%. According to Ekkapob Pianpises, spokesperson for the Prime Minister's Office, this measure is designed to help local Thai entrepreneurs compete more effectively against the influx of low-priced goods from abroad. By adjusting these tariffs, the government aims to create a more balanced pricing environment for domestic retailers. For residents and expatriates in Thailand, this policy shift may lead to higher costs for items purchased through international online marketplaces. Those who frequently order goods from overseas should anticipate potential price increases once the new duty rates are fully implemented. While the Cabinet has given its approval, specific details regarding the implementation timeline and the exact list of affected product categories remain to be confirmed. Consumers are advised to monitor official government announcements for further updates on when these changes will take effect and how they might impact individual shipping costs.