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Branded goods not getting cheaper in Thailand any time soon

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Branded goods not getting cheaper in Thailand any time soon

By THE NATION

 

800_580afd34e53137a.jpeg?v=1571673005

The Finance Minister Uttama Savanayana

 

The Finance Minister Uttama Savanayana denied he has discussed the possibility of reducing tariff on branded goods to 5 per cent from the current 30 per cent with the Tourism Authority of Thailand.

 

He said he needs to study the issue in detail first before he can tell if the tariff should be reduced. 

 

Meanwhile, the Fiscal Policy Office's director-general Lavaron Sangsnit said the minister has yet to tell the office to study the case. 

 

Recently, Tourism and Sports Minister Phiphat Ratchakitprakarn said he wants cuts in tariffs of well-known brands to attract more tourists.

 

Source: https://www.nationthailand.com/business/30377624

 

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-- © Copyright The Nation Thailand 2019-10-22

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7 hours ago, webfact said:

The Finance Minister Uttama Savanayana denied he has discussed the possibility of reducing tariff on branded goods to 5 per cent from the current 30 per cent with the Tourism Authority of Thailand.

 

He's right, last week they said the discount for tourists would be 30-70%.

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A total mess of a country. 

 

I guess the THAI flight attendants will continue to smuggle goods into Thailand from other, more competitive countries. 

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1 minute ago, BritManToo said:

You forgot:- your young Thai wife.

Almost impossible to buy in the west.

If you are going to take your young Thai wife back to your home country, what are you going to do with the sick buffalo.  Can you get a discount on that too?

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5 hours ago, BritManToo said:

You forgot:- your young Thai wife.

Almost impossible to buy in the west.

Plenty of those in my homecountry, but they are used...(a lot)...

  • Haha 1

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4 hours ago, webfact said:

The Finance Minister Uttama Savanayana denied he has discussed the possibility of reducing tariff on branded goods to 5 per cent from the current 30 per cent with the Tourism Authority of Thailand.

Just based on previous experience with this government:

Next week: The Finance Minister Uttama Savanayana announces reduction of tariff on branded goods to 5 per cent from the current 30 per cent.

  • Haha 1

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4 hours ago, webfact said:

Branded goods not getting cheaper in Thailand any time soon

I can't see that effecting hiso Thai's, they'll just take a free Thai airways flight to where ever the goods are made and buy them there!

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Customs department will be crying or trying to make up the loss to their pockets coffer by enforcing hard payment from everyone.

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Well I never! Come and visit any rural market out in the sticks and you can buy "branded" much cheaper - copies of course!! For example, English Premier League football shirts (most clubs) for 100 baht!

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5 hours ago, PatOngo said:

I can't see that effecting hiso Thai's, they'll just take a free Thai airways flight to where ever the goods are made and buy them there!

That won't help, my wife told me that the LV purses cost the same all over the world, just like IKEA....they adjust their retailprices to be the same. I haven't checked it myself.

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