Thailand: Voluntary disclosure program regarding import and export transactions, extended into 2026
Companies that need to make a revision and pay additional duty to the customs department may consider applying to the “customs one stop service”
Import and export transactions
A company with import and export transactions may, through self-discovery or internal audit, need to update or revise information on an import or export entry declared to the Thai customs department in order to confirm its customs compliance.
Companies that need to make such a revision and pay additional duty to the customs department may consider applying to the “customs one stop service”—a voluntary disclosure program. This voluntary disclosure program has been extended for five years (from 1 October 2021 through 30 September 2026).
Under the voluntary disclosure program, the following benefits are available to an eligible applicant:
- Settlement of the case and additional duty payment at the customs department’s headquarters, instead of at the port(s) of entry
- Exemption from relevant customs duty penalties
- Reduction of the monthly customs surcharge to 0.25%, 0.5%, and 0.75% for goods imported within a one-, two-, or three-year period, respectively
However, applicants will be considered ineligible for the program if they have committed certain customs offences (e.g., smuggling, intention to evade customs duty, or importation of prohibited or restricted goods), are currently undergoing a customs post-clearance audit, or are being investigated or prosecuted for customs offences by other government authorities.
KPMG observation
Prior to notifying the customs department, companies need to comprehensively review their customs declarations and documents for compliance in order to assess potential exposure and mitigate customs risks. Hidden or unmanaged customs issues may risk triggering a customs post-clearance audit that could result in customs penalties.
Read a May 2022 report prepared by the KPMG member firm in Thailand
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.