A world leading tobacco manufacturer and importer wished to exploit tariff reduction privileges for its products through Free Trade Agreements (FTAs). To this end, they approached us to assist in conducting a comprehensive comparative study of FTA tariff preferences and rules of origin.
We conducted a detailed comparative analysis on preferential tariff rates of tobacco products under all FTAs entered into between Thailand and its trade partners. The analysis covered import tariff rates applied by Thailand and those applied by trade partners at the time of exporting to their countries, in-quota tariff rates, out-quota tariff rates, and rules of origin requirements.
The findings of the comparative analysis enabled the client to effectively utilize the FTA privileges to save import duty and tax when importing and exporting to various countries.