Difference between revisions of "Boat"
From Excise Manual Thailand
(→Excise Tax Rate Search System for Boat) |
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According to the Definition in Thai Vessel Act, | 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 | + | *'''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. | *'''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 | + | **'''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''' | **'''Motor Boat''' | ||
Definition of Boats, according to Excise Department of Thailand | Definition of Boats, according to Excise Department of Thailand | ||
| − | *'''Boats''' refers to all | + | *'''Boats''' refers to all kinds of water vehicles. |
==Boat Product Property== | ==Boat Product Property== | ||
| Line 34: | Line 34: | ||
|- | |- | ||
| align="center" | 5 | | align="center" | 5 | ||
| − | | | + | | 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. |
|- | |- | ||
| align="center" | 6 | | align="center" | 6 | ||
| Line 47: | Line 47: | ||
| align="center" | 8 | | align="center" | 8 | ||
| Export to | | Export to | ||
| − | | Exports to any destination where exporters ship | + | | Exports to any destination where exporters ship goods out of the country. |
|- | |- | ||
| align="center" | 9 | | align="center" | 9 | ||
| Line 55: | Line 55: | ||
| align="center" | 10 | | align="center" | 10 | ||
| Sport boat or not | | Sport boat or not | ||
| − | | Is it sport boat or not, answer yes if it is imported goods and no if not imported goods. | + | | Is it a sport boat or not, answer yes if it is imported goods and no if not imported goods. |
|} | |} | ||
| − | == Excise Tax Rate for | + | == Excise Tax Rate for Boat == |
{| class="wikitable" | {| class="wikitable" | ||
| − | + | ||
| − | ! | + | !rowspan="3"|Categories |
| − | ! | + | !rowspan="3"|List of Particulars |
| − | ! | + | !colspan="3"|Excise Rates |
|- | |- | ||
| − | |style=" | + | !rowspan="2"|Percentage Per Value |
| − | |style=" | + | !colspan="2"|Per Volume(Baht) |
| − | |style=" | + | |- |
| − | |style=" | + | !Unit |
| + | !Per Unit-Baht | ||
| + | |- | ||
| + | |08.01 | ||
| + | |Yacht and boat used for leisure purpose | ||
| + | |style="text-align: center;" | 0 | ||
| + | |style="text-align: center;" | | ||
| + | |style="text-align: center;" | | ||
| + | |- | ||
| + | |08.90 | ||
| + | |Others as prescribed in the ministerial regulations | ||
| + | |style="text-align: center;" | 30 | ||
| + | |style="text-align: center;" | | ||
| + | |style="text-align: center;" | | ||
|- | |- | ||
| − | |||
| − | |||
| − | |||
| − | |||
|} | |} | ||
==Excise Tax Rate Search System for Boat== | ==Excise Tax Rate Search System for Boat== | ||
| − | [http://etrs. | + | [http://etrs.beehive.asia/taxRecommendation/searchTaxDuty/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, the mapping between Excise Tax Code and Customs' Harmonized System Code for boat is available, [[Mapping between Excise Tax Code and Harmonized System Code for Boat|here]]. | ||
Revision as of 14:58, 16 April 2020
Contents
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 | CIF prices | Cost for Insurance and Freight for imported goods. |
| 4 | Retail price | Retail price of the products. |
| 5 | 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. |
| 6 | Imported or Domestic product | Specified whether the product is "Imported" or "Domestic" product. |
| 7 | Import from | The Countries which send the imported goods to the industrial enterprises. |
| 8 | Export to | Exports to any destination where exporters ship goods out of the country. |
| 9 | Recreational boat or not | Is it a recreational boat or not, answer yes if it is imported goods and no if not imported goods. |
| 10 | Sport boat or not | Is it a sport boat or not, answer yes if it is imported goods and no if not imported goods. |
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, the mapping between Excise Tax Code and Customs' Harmonized System Code for boat is available, here.
