by panwa group | Nov 12, 2021 | 5.QA
The Company registered in Thailand would like to discuss that if the Company will export the goods to DG limited in China, the goods will be delivered to their representative in Thailand first due to their warehouse in overseas is inconvenient to store the goods now....
by panwa group | Nov 12, 2021 | 5.QA
What are the conditions that a marginal deposit, deposit, product packaging do not have to pay VAT? Panwa : (1) By business traditions, a security deposit or container deposit has been charged (not including a charge for indemnification or loss of the container)...
by panwa group | Nov 12, 2021 | 5.QA
The Company have exported the goods to our client in India last December 25, 2020, in amount of USD25,000 and it arrived India on January 5, 2021. How does the Company recognize this income if the incoterm is “ex works”, please advise. Panwa: Please note that if the...
by panwa group | Nov 12, 2021 | 5.QA
What type of income is the compensation from the transfer of knowledge and expertise in computer technology? Panwa: Compensation for transferring knowledge and expertise in computer technology is considered as assessable income under Section 40 (3) of the Revenue...
by panwa group | Nov 5, 2021 | 5.QA
The Company plans to register VAT on 30 October 2021, can we claim back VAT on any expenses incurred during 1 to 29 October 2021 ? Panwa: It cannot claim on such time, you can claim your purchase VAT after the date of VAT register. However, such VAT before register...
by panwa group | Nov 5, 2021 | 5.QA
The staff is working abroad and stays abroad more than in Thailand, for more than 180 days and receive salary and allowances into a bank account in Thailand. Does the staff need to pay personal income tax? Panwa : If the staff have income in the type of salary and...
