Our Thai company will sell goods to buyer in Thailand and we agreed for the goods price and will issue invoice in foreign currency but we will issue the tax invoice in Thai currency, then how do we use the exchange rate to convert amount on the tax invoice to Thai Baht?

Panwa: The converting of currency on tax invoice must use the announced exchange rate of commercial bank for converting from foreign currency to Thai currency each day or daily exchange rate of BOT is announced. If use exchange rate of which method, it must use such method, except if it will be approved from Director-General of the Revenue Department to change method.

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