From Excise Manual Thailand
Jump to: navigation, search

General Knowledge of Boat

According to the Definition in Thai Vessel Act,

  • Boats mean water vehicles which are divided into several categories. Boats related to excise tax include yacht which are recreational water vehicles that are luxurious and expensive and used for traveling in the seas and oceans.
  • Yatch is considered a recreation sport boat or ship similar to Speed Boat, Power Boat and Jetski according to the classification of the Marine Department, which can be classified into the type of Yacht below.
    • Sailing Boat is Yacht sailing with engine power in general, vary from small to the large size, more than 200 gross tons or so-called Mega Yacht.
    • Motor Boat

Definition of Boats, according to Excise Department of Thailand

  • Boats refers to all kinds of water vehicles.

Boat Product Property

No. Property Definition
1 Main Trademark Main Trademark Logo or label used for the product or service which are protected under the Trademarks Act B.E. 2534 as amended by the Trademark Act (No. 2) Act B.E. 2543 to trademark the name of the product or service.
2 Deputy Trademark Logo or label used for the product or service which are under the coverage of Trademarks Act B.E 2534 as amended by the Trademark Act (No. 2) Act B.E. 2543.
3 C.I.F. prices Cost for Insurance and Freight for imported goods.
4 Suggested retail price A suggested retail price intended by an industrialist or importer as a sale price for consumers in general. The price does not include VAT or local government tax.
5 Imported or Domestic product Specified whether the product is "Imported" or "Domestic" product.
6 Import from The Countries which send the imported goods to the industrial enterprises.
7 Export to Exports to any destination where exporters ship goods out of the country.
8 Recreational boat or not Is it a recreational boat or not, answer yes if it is a recreational boat and no if not a recreational boat.
9 Sport boat or not Is it a sport boat or not, answer yes if it is a sport boat and no if not a sport boat.

Excise Tax Rate for Boat

Categories List of Particulars Excise Rates
Percentage Per Value Per Volume(Baht)
Unit Per Unit-Baht
08.01 Yacht and boat used for leisure purpose 0
08.90 Others as prescribed in the ministerial regulations 30

Excise Tax Rate Search System for Boat

Boat Excise Tax Rate Search System is a service of the Excise Department, which returns the Excise Tax Rate for the specified product properties and also calculates the estimated excise tax to be paid.

Excise Calculation

Excise tariff calculation for boats is based on Excise rate per value only.

Excise Tariff per value = (Suggested retail price x Excise rate per value) x 0.01

Mapping with Harmonized System Code for Boat

An import/export of boat requires to follow certain procedures as regulated by the Customs Department. Therefore, in order to facilitate a taxpayer to request for an import/export permit or to pay taxes and duties at the Customs Department, here is the mapping between Excise Tax Code and Customs' Harmonized System Code for boat.