Thailand'S Luxury Tariffs Will Fall To 5% In Order To Stimulate Consumption.

< p > in order to stimulate consumption and promote tourism revenue, Thailand has come up with a new strategy: reducing the tariff on luxuries from 30% to 5%.

This is undoubtedly an excellent news for the "free friends" who are shopping for the purpose.

< /p >

The Ministry of Finance said yesterday that the Ministry of finance will submit to the Vice Prime Minister and Minister of finance Gidira the proposal to lower the luxuries < a href= "http://www.91se91.com/business/list.aspx Classid=101103127" > customs tariff < /a >, then the luxuries tariff including perfume, cosmetics, designer clothes and shoes will be reduced from 30% to 5%, equal to the tariff of watches.

It is expected that jidera will be approved by the end of this month.

< /p >

< p > the Ministry of Finance spokesman of Thailand also said that according to the survey, the annual tariff of luxury goods is only 1 billion baht.

However, due to the worry that Thailand's local leather manufacturing industry has been greatly affected, the tariff reduction will not include handbags.

But other luxury tariffs will be reduced to 5% to stimulate consumers' desire to buy.

At that time, all luxury stores in Thailand will sell goods at similar prices, duty-free shops or need to adjust existing sales strategies.

< /p >

Aripon, executive secretary of the Ministry of finance, said that the policy of reducing foreign luxury tariffs to stimulate consumption is one of the main policies of the government to stimulate consumption. The Prime Minister of yingluck has also ordered p to speed up the process of lowering tariffs.

< /p >

P, chairman of the hotels and resorts Association, said that the time has come for the government of Thailand to implement zero tariff policy on luxuries.

Although Thailand has great advantages in tourism and scenery resources, Singapore and Malaysia, Hongkong, China, Macao and other countries and regions are also attracting tourists' shopping shrines. Therefore, if Thailand does not lower the tariffs on luxury goods, it will lose its advantages in competition with other countries.

< /p >

< p > Thailand should try to convey a signal to the world that Thailand is the most perfect tourist destination in the world.

If Thailand can compare with the above countries in terms of shopping, it will greatly enhance the attractiveness of Thailand to tourists, thus promoting the vigorous development of Thailand's tourism industry.

< /p >

< p > < strong > feedback from all parties < /strong > < /p >

< p > < strong > tourist: the mall will become a battleground. < /strong > /p >

Ding Ding, a tourist who has lived in Thailand for more than 10 years, is very much looking forward to the reduction of this a href= "http://www.91se91.com/business/list.aspx Classid=101103127" tariff < /a > P.

In her view, once the luxury tariff is cut from 30% to 5%, it will turn Thailand shopping mall into a "battleground".

< /p >

< p > "because of low tariffs, luxury goods in Thailand are generally 30% cheaper than that in China. If you meet new year holidays, Songkran Festival, father's day and other festivals, or even discounted shopping hours in the market, you can even buy half the goods cheaper than domestic prices.

For many tourists who are free to shop, even if they do not cut tariffs, Thailand is already a shopping paradise. Now that tariffs are down, people who shop in Thailand will definitely increase significantly.

Ding Ding exclaimed.

< /p >

< p > Thailand royalty duty free shop: duty-free shops are still preferred for tourists. < /p >

< p > Katie believes that this tariff reduction will not cause any impact on duty-free shops.

< /p >

< p > because the commodity price of Thailand imperial power < a href= "http://www.91se91.com/business/list.aspx Classid=101103127" > tax exemption < /a > is the zero tariff price approved by Thailand customs. This price advantage is incomparable to the price of any shopping mall.

Therefore, even if the tariff on luxury goods is reduced, luxury goods in the shopping mall will be tax included.

< /p >

Besides P, some duty-free shops in the airport are sold only in duty free shops, and customers can only buy them through duty-free shops.

< /p >

< p > anyway, most tourists will choose to go to duty-free shops, and tariff reduction will not affect the sales of duty-free shops.

< /p >