Investment Promotion Act (NO.4), B.E.2560(2017).
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
Investment Promotion Act (NO.4), B.E.2560(2017) was enacted to amend the Investment Promotion Act B.E. 2520 (A.D. 1977) .
The Amendments mainly include: 1. Additional import duty exemption will be provided for materials imported for the purpose of research and development and relevant testing under further conditions to be prescribed by the Board of Investment (BOI); 2. Exemption of import duties for raw and essential materials used in manufacturing export products; 3. Exemption of import duties on re-export items; 4. Exemption of export duties on products produced or assembled by BOI promoted projects; etc.
The Amendments mainly include: 1. Additional import duty exemption will be provided for materials imported for the purpose of research and development and relevant testing under further conditions to be prescribed by the Board of Investment (BOI); 2. Exemption of import duties for raw and essential materials used in manufacturing export products; 3. Exemption of import duties on re-export items; 4. Exemption of export duties on products produced or assembled by BOI promoted projects; etc.
Attached files
Web site
Entry into force notes
The Act became effective on 25 January 2017.
Repealed
No
Source language
English
Legislation Amendment
No