- Announcement No. 253 clarifies criteria and rules for VAT refunds on specific products in Thailand
- Entrepreneurs registered to sell products to taxpayers traveling outside the jurisdiction can request a refund for VAT collected on specified products
- VAT refunds can be claimed on jewelry, watches, glasses, pens, portable phones, computers, and smart phones
- VAT refunds can also be claimed on handbags, wallets, or other bags of the same nature, excluding luggage and belts, with values of 40,000 Thai baht.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
