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Bangkok Post
Bangkok Post
Business

Top court rules Toyota unit must pay B10bn in import duties

Toyota Toyota Motor Corp Japan Thailand
Toyota Prius' assembly line of Tsutsumi Plant in Toyota, Aichi, Japan. (Photo: Toyota Motor Corporation)

The Supreme Court on Thursday upheld a lower court ruling that the local unit of Toyota Motor Corp owed the government 10 billion baht (US$272.11 million) in extra taxes for importing components not subject to a reduced tariff.

The court was handling an appeal against a 2019 ruling that the company must pay duties on some parts imported from Japan, which were for its Prius gas-electric hybrid model assembled in Thailand between 2010 and 2012.

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