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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.
The court agreed with the previous decision that the imported
items should be treated as complete knock-down kits, with an 80%
tariff rate, instead of as auto parts, meaning they were not
eligible for a reduced rate of 30% under a Japan-Thailand
Economic Partnership Agreement (JTEPA).
Toyota's Thailand unit in a written statement said it was paying
the lower tax rate for imported Prius parts based on JTEPA, but
it respected the ruling and would comply.
The additional tax was owed on more than 20,000 Prius vehicles
assembled at Toyota's Gateway factory between 2010 - 2012,
according to earlier media reports.
Toyota also produces gasoline-engine and hybrid-engine Camry
sedans in Thailand, which were not subject to additional tariffs
because the majority of parts are procured locally.
($1 = 36.7500 baht)
(Reporting by Panarat Thepgumpanat and Panu Wongcha-um; Editing
by Martin Petty)
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