Delivery 2023 for Bonded Warehouse

THAIMICE OSS would like to share valuable knowledge from the Customs Department’s seminar on the “Delivery Benefits Project 2023,” which took place on Wednesday, February 22, 2023. The purpose of this project was to enhance understanding of the use of new dimensions of tax benefits to drive Thailand’s sustainable economy. The topic of this seminar was related to the Free Trade Zone, customs duty refunds under Article 29, and customs duty compensation. The Tax Benefits Division of the Customs Department has extracted and disseminated this knowledge in an easily understandable, concise format for interested individuals to read.

The knowledge in this particular set of documents is interesting and relevant to business operators, especially those who sometimes need to import goods for organizing exhibitions or trade shows and need to store the goods in bonded warehouses. The following is an overview of the topic “Bonded Warehouse” in this document.

• Tax benefits of Bonded Warehouse: Tax benefits of Bonded Warehouse
• Types of Bonded Warehouses: Types of Bonded Warehouses
• Procedures for Establishing a Bonded Warehouse: Procedures for Establishing a Bonded Warehouse
• Criteria and Conditions for Applying and Operating a Bonded Warehouse: Criteria and Conditions for Applying and Operating a Bonded Warehouse
• Responsibilities of License Holders: Responsibilities of License Holders
• Verification of Tax Benefits: Verification of Tax Benefits
• Surety Bond and Bonded Warehouse: Surety Bond and Bonded Warehouse
• Suspension, Use, and Withdrawal of Bonded Warehouse License: Suspension, Use, and Withdrawal of Bonded Warehouse License
• Termination of Bonded Warehouse Operations: Termination of Bonded Warehouse Operations
• Which Types of Businesses are Suitable for Tax Benefits of Bonded Warehouse?

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Source : Tax Incentive Clinic (TIC)