Quantity and weight units
Quantities and weights are recorded in unit in accordance
with the Thailand Trade Nomenclature. However, when goods are required to be entered by
weight, net weigh is shown, excepting certain goods in the Custom Tariff, in which the weights of
immediate packing are used.
Values
In general, values are based on the declarations made by importers and
exporters and subsequently verified by the customs officials. For imports, C.I.F. values at the
port of destination are used. For exports, F.O.B. values at the port of departure are used.
F.O.B. value are drawn from the
documents of sale for the actual amounts received in terms of national currency, including export
duties, if any.
Exchange conversion
Values quoted in foreign currencies for both imports and exports
are converted to Thai currency according to the officially notified rates issued monthly by the
Customs Department. Unless the difference between the notified rate and the daily market rates
issued by the Bank of Thailand exceeds five percents, it has to be approved by the Bank of
Thailand.
