Thailand is ranked as the 20th largest exporting company in the world having a positive trade balance. Exporting from Thailand requires certain procedures such as export customs process, export registration procedures, and the methods of the export cargo movement in Thailand. Everything that is to be exported from Thailand requires to be reported to the customs. For exporting companies, registration to the e-customs system is a must. The procedures for exporting from Thailand are much similar to the procedures of importing to Thailand.
Rules and Regulations for Exporting from Thailand
The main destination of the exports from Thailand is the US and the rest of Asia. This country has a high ranking for the electronics good’s manufacturer and the world’s automotive export industries. For exporting the things from Thailand, the procedures have been centralized to the online e-customs system. For registration to this system, the people involved in these activities must hold the digital certificate which is an electronic signature file for the confirmation of identity and authenticity of the sender of the electronic documents. This is necessary for all the companies in Thailand dealing with any of the online operations, including the export registration. Currently, there are 50 categories of goods which require an export permit. These goods include the rice, sugar, seeds, and tress and the export permit assures their quality. Some goods have been restricted for exporting from Thailand and their list is available on the website of the customs department. Extra documentation is required in terms of the red line goods before the leaving of shipment from Thailand.
Submission and Verification of the Declaration
The exporter needs to prepare the export license (if required), invoice, and the other relevant documents such as the approval from the food and drug administration, and other relevant departments and the information about the destination, etc.
Inspection and Release of Cargo
A cargo control report is sent to the e-customs system by the freight forwarder and a report is generated automatically which alerts the officials of the customs system that either it is in a green line or redline. An export declaration must be submitted from the exporter along with the cargo data and invoice to the e-customs system. There should be no error in the information provided by the exporter as based on the given information, the system will issue the payment numbers and declaration to define whether the shipment is a red line or the green line. Goods of green lines are ready to be processed. The goods in the redline require an extra document check and the physical inspection before they can be cleared.
Payment of Taxes and Duties
Duty is not necessary to be paid on all of the goods. A list of goods on which duty is exempted is available on the website of the integrated tariff database. There are three methods to pay the export duties such as payment via the e-customs system, payment at the bank, and payment at the customs department of the port of the existing. The regulatory system in Thailand is fast-moving and it ensures the smooth running of the operations. Custom rules.