Today, THAI ACCOUNTANT answers a question about VAT Refund for Exporters.
I would like to make sure that if we export goods and can work with a 0% VAT, it doesn’t necessarily mean that we cannot claim recoverable VAT right? I mean the VAT we pay when purchasing goods?
When you export goods, whatever it is, you don’t have to pay VAT (because VAT on export is 0%) and you can claim back your purchase VAT. However, it may take months before the Thai Revenue Department refunds the purchase VAT to you (assuming that all the purchase VAT amounts that you have are refundable).
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