VAT in Thailand : Everything to know about this subject

Apply the VAT rate: Once the amount of taxable sales is determined, apply the applicable VAT rate to calculate the VAT liability. The VAT rate in Thailand is 7%. However, certain goods and services may be subject to reduced rates or exemptions. For example, if a business had taxable sales of 100,000 Thai baht during the reporting …

Vat rates on readymade garments,sarees???

Pls can anyone let me know vat rates applicable on readymade garments sarees embroidery suit fabrics ladies suits - VAT. ... If online sales of ready made garments are made so what would be DVAT rate if sale made in delhi and sale made outside delhi ? R K GUPTA (PARTNER) (21 Points) Replied 04 September 2013. is Vat applicable on …

Delhi Government clarifies VAT rate for Liquor | SCC Times …

The Delhi Government has amended the Fourth Schedule of the Delhi Value Added Tax Act, 2004. The schedule provides list of items taxed at 20% and the amendment has replaced the item Liquor (Foreign and …

Rate of excise duties and license fees and permit fees

23F), the rate of duty shall be fifty per cent. of the rate of duty prescribed in clauses (i), (ii) and (iii) and seventy-five per cent. of the rate of duty mentioned in clauses (iv) and (v) of sub-rule (1) of rule 152.] Rates of fee. - The following shall be the rates of licence fee, label registration fee and other fees leviable in

Thailand VAT Essentials for Foreign Businesses

Foreign businesses entering Thailand's market face unique VAT challenges. Our guide offers crucial insights into Thailand's VAT system, covering registration, …

All about Delhi VAT (D-VAT) Returns

Thank you for your guidance in Delhi VAT. Can you please help in one scenario. There is Delhi VAT Revision which I need to do for FY 2016-17. But the portal is not allowing to do so. Is there any official way to approach Delhi VAT department and request them for allow us to do VAT revision for FY 2016-17. Please let me know.

Issue 144 : September 2023 Reduced VAT rate of 7% is …

The reduced 7% VAT rate will be inclusive of local taxes and applicable to VAT liabilities incurred from sales of goods, service provisions, and import transactions from 1 October …

VAT Rates in India Explained

The higher VAT rate in India is a goods and services tax (GST) of 28% is 28%. It applies to consumer durables, air conditioning, automobiles, cement, chocolate and accommodation above 7,500 INR. The standard VAT rates are 18% and 12%. The reduced rate is 5%. India also has some zero-rated goods, the sale of which must still be reported on your ...

Thailand: VAT to remain at 7% for an additional two years …

On 24 August 2021, the Thai Cabinet approved the extension of the reduced Value Added Tax (VAT) rate of 7% for another two years to sustain the economic stability of the country. The 7% VAT rate will, therefore, continue to be applied for sales of goods, provisions of services and imports of goods from 1 October 2021 until 30 September 2023.

GST Rates in India 2024

GST Rates in India 2024 - Explore updated GST rates for the list of products under various slabs of 0%, 5%, 12%, 18% & 28%. Find item-specific GST rates for food, clothes, gadgets, and more at Cleartax.

Extension of reduced 7% VAT Rate

Extension of reduced 7% VAT RateOn 13 September 2023, the Cabinet approved the extension of the reduced Thailand's VAT rate of 7% (inclusive of. local tax) for another …

The Best Guide to Understanding VAT in China

VAT rate: Yes, VAT is levied in China at different rates depending on the type of goods or services supplied, with rates ranging from 6% to 13%. The applicable levy rate is 3 percent: Way of collection: VAT and its surcharges shall be declared on a monthly basis: VAT and any related surcharges must be reported on a quarterly basis: Issue ...

Value Added Tax (VAT)

VAT Rates. Zero Rate (0%) Exports ; On Exports of goods or services, supply of services by a hotel, guest house, restaurant or other similar businesses providing similar services, registered with the Sri Lanka Tourism Development Authority, with 60% of the total value of the inputs are sourced from local supplies/sources (from 01.12.2019 to …

Reduced VAT rate of 7% is extended for another year

The reduced 7% VAT rate will be inclusive of local taxes and applicable to VAT liabilities incurred from sales of goods, service provisions, and import transactions from 1 October …

Trade Tariff: look up commodity codes, duty and VAT rates

Search for import and export commodity codes and for tax, duty and licences that apply to your goods.

VAT rates on goods and services

A VAT rate of 12% normally applies to room rental in hotels, guest houses, hostels and similar establishments. ... If your client has to pay for trips you have made in connection with selling goods or services, you must charge the VAT rate applicable to the goods or services you have sold. Your travel costs are considered part of the price of ...

Value-added tax: What is VAT and who has to pay it?

The standard VAT rate cannot be less than 15%; The reduced VAT rate(s) cannot be less than 5% There are three VAT rates in Germany as of July 2023: a 19% standard rate for most transactions; a 7% reduced rate on specified products and services, including certain food products; and a zero rate for international and intracommunity …

Delhi VAT Registration and Return Filing

The Delhi VAT Registration, VAT Tax Rates, VAT Return Filing and VAT Payments is determined by the Delhi Value Added Tax Act, 2004. As per Indian Legislation, each of the State in India can enact a separate VAT Act for the state based on the guidelines of the Empowered Committee to ensure uniformity of law across the Country.

Extension of reduced 7% VAT Rate 7%

On 13 September 2023, the Cabinet approved the extension of the reduced Thailand's VAT rate of 7% (inclusive of local tax) for another one year. The extension of the rate …

Thailand – indirect tax guide

vat. Standard rate: 7 percent (this is a temporary rate, reduced from the standard rate of 10 percent introduced by a special royal decree and is valid unless …

Thailand Tax Tables 2024

Thailand VAT Rates; VAT Rate VAT Description; 0%: Zero Rated: 7%: Standard Rate: Historic Tax Tables supported for Thailand. The following tax tables are supported by iCalculator™ TH as part of the suite of free tax tools we provide for Thailand. Thailand 2024 Tax Tables; Thailand 2023 Tax Tables;

India VAT Calculator | India VAT Rates in 2017

India VAT Calculator 2017. The India VAT Calculator is designed to allow free online calculations for goods, services and products which are subject to VAT (Value Added Tax) in India in 2017, if you would like to calculate VAT in India for a different tax year then please select the relevant year from the available VAT calculators.The calculator allows …

DELHI VALUE ADDED TAX ACT, 2004

Sec. 1 Delhi VAT Act as on 5th March 2014 (1) by Rakesh Garg, FCA CHAPTER I Preliminary 1 Short title, extent and commencement (1) This Act may be called the Delhi Value Added Tax Act, 2004. (2) It extends to the whole of the National Capital Territory of Delhi. (3) It shall come into force on such date as the Government may, by notification

VAT in UAE: A Comprehensive Guide for 2024

Federal Tax Authority issued Federal Decree-Law No. 8 of 2017 to implement Value Added Tax in United Arab Emirates (UAE).VAT in UAE has been implemented w.e.f 1st January 2018.. This article explains the basics of VAT, including VAT rate, registration, input tax, VAT returns, penalties and many more. What is VAT in …

Thailand Value Added Tax (VAT) Rates

Value Added Tax (VAT) Rates. On 16 Sep 2023, Thailand Royal Decree (No 780) was gazetted, extending the current 7% rate of VAT for another 1 year from 01 Oct 2023 to …

Thailand VAT Calculator | Thailand VAT Rates in 2020

Thailand VAT Calculator 2020. The Thailand VAT Calculator is designed to allow free online calculations for goods, services and products which are subject to VAT (Value Added Tax) in Thailand in 2020, if you would like to calculate VAT in Thailand for a different tax year then please select the relevant year from the available VAT calculators.The …

GST rates on construction materials in 2024: GST on cement, sand…

What is the GST rate on sand 2024? Natural sand of all kind, whether coloured or non-coloured (other than metal-bearing sand) fall under Chapter 26 of the HSN code. GST rate on sand is fixed at five percent. Further, bituminous or oil shale and tar sands, bitumen and asphalt, natural asphaltites and asphaltic rocks attract a GST of 18 …

30. COMMODITY WISE RATE OF TAX UNDER VAT ACT …

COMMODITY WISE RATE OF TAX UNDER VAT ACT (updated till 02.05.2015) Sl. No Name of commodity / commodities Current Tax Rate (%) Schedule No 1 Account Books 5 C 2 Adhesives 5 C 3 Adhesive tapes made of plastic 5 C 4 Other Adhesive tapes 14.5 CA 5 Adhesive plaster 14.5 CA 6 Additives, concentrates and supplements of poultry feed 0 A ...

Mastering VAT in Thailand: essential insights for business

Currently, Thailand's standard VAT rate sits at 7%, as established by the Royal Decree under the Revenue Code (No. 640) B.E. 2560 (2017). This rate applying …

vat rate of building material, VAT + CST

sir, i want what is the delhi vat rate of - bricks,cement, badarpur, sand, flooring tiles, steel grill with glass, in the year of 2013, and 2014 Posts / Replies Showing Replies 1 to 2 of 2 Records