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Indirect Tax Laws

Notes Request for Approval of Duty Concession under the Notification of the Ministry of
Finance

Two options for the request for approval of duty concession under the Notification of the
Ministry of Finance are provided:
 A request seeking 50% concession of the MFN rate:
An eligible person should meet the criteria listed below:
 A legal person
 No financial obligation with Customs

 No past record of any offence in claiming duty drawback under Section 19 BIS
 Fulfill any of the following qualifications:
 A company which have securities registered with the Stock Exchange of Thailand
 A public company limited

 A member of the Federation of Thai Industries and is certified by the Federation to
have stable and creditable financial status according to regulations set forth by the
Federation as approved by the Ministry of Finance

 A member of the Thai Chamber of Commerce and is certified by the Thai Chamber
of Commerce to have stable and creditable financial status according to regulations
set forth by the Thai Chamber of Commerce as approved by the Ministry of Finance
 Submission of a financial statement to the Ministry of Commerce as regulated by
the Ministry of Commerce. The statement has to be certified by an account auditor
that the company has earned a profit for more than 2 consecutive years. In addition,
the financial status must never be rejected by the Federation of Thai Industries or the
Thai Chamber of Commerce.
A request seeking 50% concession of the MFN rate must be in the form of a letter as indicated by
Customs (Form Kor Sor Kor 131) and accompanied by the documents/information listed below:
 A request for duty concession (Form Kor Sor Kor 131) with one duplicate
 A letter certifying that an approval for duty drawback under Section 19 BIS is granted
Original documents, with their certified true copies, which indicate any of the following
qualifications:
 A Registration Certificate indicating securities trading between a legal person and the
Stock Exchange of Thailand

 A Registration Certificate of a public company limited
 A certification letter from the Federation of Thai Industries indicating that the company
have stable and creditable financial status according to regulations set forth by the
Federation as approved by the Ministry of Finance
 A certification letter from the Thai Chamber of Commerce indicating that the company
has stable and creditable financial status according to regulations set forth by the Thai
Chamber of Commerce as approved by the Ministry of Finance
 Financial statement as regulated by the Ministry of Commerce and certified by the
authorized account auditor that the company has earned a profit for more than 2 consecutive
years. However, the financial status must never be rejected by the Federation of Thai
Industries or the Thai Chamber of Commerce.

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