The HS Code is an international system for classifying goods that is used worldwide. It consists of 6 digits at the international level, with additional digits added at the national level. Correct classification requires knowledge of the nature of the goods, their materials and production process, and the classification principles set out in the General Rules of Interpretation.
Thailand values goods for customs purposes in accordance with the WTO Customs Valuation Agreement. The primary method is the transaction value, being the price actually paid or payable for the goods, plus the cost of freight and insurance to the port of importation (CIF).
If a customs officer rejects the transaction value and reassesses the value of the goods, the importer has the right to appeal to the Customs Department’s Board of Appeals and, if still dissatisfied, may then bring a case before the Central Tax Court.
Our specialist tax law consultants are available to advise you and assess your situation directly. Send us your information for a preliminary assessment, without obligation.