Thailand has introduced new Value Added Tax (VAT) refund regulations effective from January, 2024. The new regulations are aimed at enhancing the experience for international tourists.
The changes include an increased purchase threshold for customs declaration, now set at 20,000 baht. This allows tourists to request a VAT refund directly without customs procedures for purchases below this amount. Value thresholds have also been adjusted, with items up to a 100,000 baht.
Source: scandasia.com
