The customer in Thailand is not a VAT registrant.Services are provided by electronic means and are used by a customer in Thailand.Digital services are provided from abroad.The following are the key conditions for VAT collection: These taxpayers are not required to issue tax invoices or prepare input tax reports. Non-resident electronic service providers and electronic platform operators who receive income of more than THB 1.8 million per year from providing electronic services to non-VAT registered customers in Thailand must register for VAT, file VAT returns, and pay VAT (without deducting input tax) via the Revenue Department’s online system. basic groceries, education, healthcare, interest, leasing of immovable property, sale of real estate). Exports are zero-rated, while a number of goods and services are exempt (e.g. VAT is levied on the sale of goods and the provision of services. they run on a mix of hydro, solar, and wind energy the company has either developed itself or purchased.The standard rate of VAT is 10%, but the rate is currently reduced to 7% until 30 September 2023 (unless further extended by the government). The current status includes its 12 factories in China, Malaysia, Vietnam, and the U.S. JinkoSolar, a global manufacturer, announced Sunday that renewable energy was now providing 51.3% of the power used by its facilities globally, with the company’s next objective being to reach 60% by the end of 2023. In addition to Boviet, Vietnam is also home to major foreign makers of solar cells and panels like Shanghai-based JinkoSolar, First Solar from Tempe, Arizona, and Canada-headquartered Canadian Solar, which have made manufacturing in Vietnam an important part of their global production networks. Delivery of all solar modules ordered is slated for 2023. The imports will be used for Vesper’s solar and storage projects located in Texas and Ohio.Įarlier this September, Miami-headquartered solar energy developer Origis Energy signed an additional purchase order for more than 400 MW of capacity with Boviet Solar, following a 700 MW agreement the duo signed this July. Then, Texas-based renewable energy developer Vesper Energy signed a deal late this September to buy 861-megawatt solar modules from Vietnam-headquartered manufacturer Boviet Solar. early this June, President Joe Biden decided to waive tariffs on solar panel imports from Vietnam, Cambodia, Thailand, and Malaysia for a 24-month period as part of his push for clean energy. A solar power project of Trungnam Group in Thuan Bac district, Ninh Thuan province, south-central Vietnam. In the Indian government system, the DGTR is the body that recommends anti-dumping duties, while the Department of Revenue takes the final decision to impose them or not. For this case, the DGTR notification, dated November 9, said ISMA withdrew its application this July. India’s anti-dumping rules of 1995 provide for the termination of a probe in certain situations which include withdrawal of application by the affected domestic industry at whose instance the investigation was initiated. “In view of the request made by the domestic industry, ISMA, the authority hereby terminates the investigation initiated on against the imports of solar cells whether or not assembled into modules or panels exported by these countries,” the DGTR said in a notification. The ministry’s investigation arm Directorate General of Trade Remedies (DGTR) launched on a probe into alleged dumping of “solar cells whether or not assembled into modules or panels” exported from the three nations, following a complaint by the association. India’s Ministry of Commerce and Industry has terminated an anti-dumping investigation into imports of solar cells from Vietnam, Thailand, and China following an Indian Solar Manufacturers Association request.
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