On Tuesday, the Government Spokesman, Puttipong Punnakanta, said the cabinet had agreed with the return of a five-percent VAT to people who bought any products with debit cards, limited to a maximum amount of 20,000 baht and a tax return of 1,000 baht.
However, the campaign excludes the purchases of alcoholic beverages and cigarettes. It will run from February 1st to February 15th, 2019.
The VAT will be returned through the PromptPay platform within 15 days of the date of purchase.
The move aims to encourage people to use e-payment facilities, while urging vendors to participate in the system which collects data from sales and payments, as well as the point of sale (POS) system and the Revenue Department's tax system.