Luxury car importers are requesting the Customs Department cut import duties and deductible expenses. (Photo by Somchai Poomlard)The Customs Department plans to complete its consideration of luxury car importers' proposals in one month, as the group is requesting a cut in import duties and an increase in deductible expenses. The department may consider average expenses before imports are disclosed on the balance sheets of overseas luxury car dealers as most of them are listed companies, he said. The Customs Department recently said it will claim 4.2 billion baht in import duties for the 230 luxury cars seized from importers. Customs Department deputy director-general Chaiyut Kumkun said the adjustment of the import tax computation process at this time will result in fewer imported luxury cars.

Source: Bangkok Post October 11, 2017 23:26 UTC