The new Excise Act has been announced in the Royal Gazette on 20 March 2017 and will be effective on 16 September 2017 which is less than 100 days to come. The main changes of the new Excise Act covers changes of tax structure including tax rate.
The new calculation will be on RRSP (recommended retail sell price) instead of CIF price for import goods or ex-factory price for goods manufactured locally. The report system has been changed to reflect such calculation. In order to be able to comply with such changes and to reflect back the issues of the business operators to the Excise Department, the Customs and Excise Committee would like to invite all AMCHAM member to join the seminar on the new Excise Act.
The seminar will be on 20 July 2017 starting from 9:00 – 12:00 am with lunch. We have invited Mr. Wisutr Srisuphan, Deputy of Minister of Finance to open the seminar, and Mr. Nuttakorn Uthensutr, Director of Tax Planning of Excise Department to be a speaker on the new Excise Act. We will also have representatives from automotive, alcohol and non-alcohol to be panelists to discuss about perspective of the business and questions and answer session.
Put up your voice and be prepared ahead for the changes.
8:30 am Registration
9:00 am Welcome by Ms. Judy Benn, Executive Director, AMCHAM Thailand
9:10 am Opening speech by Mr. Wisudhi Srisuphan, Deputy Minister, Ministry of Finance
9:25 am Photo Opportunity with all speakers and VIP guests
9:40 am Briefing on the revolution of the new Excise Law by Mr. Nutthakorn Utensute, Director Planning
Bureau, Excise Department
10:40 am Coffee break
11:00 am Panel discussion from the business sector
- Mr. Janesh Baweja, Senior Manager, ASEAN Customs, General Motors (Thailand) Ltd.
- Representative from Mercedes-Benz (Thailand) Ltd.
- Mr. Quentin Job, Managing Director, Pernod Ricard (Thailand) Limited
- Representative from non-alcohol beverage
11:25 am Questions and Answer
12 noon Lunch
1:00 pm End
Cost: Coffee break only: Members Baht 1,000/ non-members & walk-ins Baht 1,500
Coffee break and lunch: Members Baht 1,800/ non-members & walk-ins Baht 2,500
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