Prior to the issuance of Notification 60, the payment of stamp duty on electronic instruments that had been physically executed on paper was limited to the proofs of that payment using the Gold.Sor form.4. (the form that gives payment of stamp duty in cash). The Gold.Sor.9 form was only allowed if the e-instrument was executed electronically. The tax is levied on documents or instruments relating to land transfers and leases, share transfers, debt securities, debt, mortgages, debt securities, annuities, life insurance, proxies and traveller`s cheques. These instruments are subject to a tariff rate of 0.1% without any specific ceilings being set. Loan documents are subject to a tax of 0.05 per cent, subject to a ceiling of 10,000 baht. Section 123 Where there is a reasonable reason, an official or inspector has the authority to enter an office or location between sunrise and sunset or during the office hours of such a location to verify whether or not an instrument has been stamped in accordance with Section 104, whether or not a receipt is issued in accordance with sections 105 and 106. If a counter-sheet, a copy of a receipt in accordance with section 105 Bis is created or retained, or if a minutes are drawn up or kept in accordance with section 105 ter. It is also entitled to require and seize any instrument or document and to issue a citation inviting the service holder, the holder of the instrument or the beneficiary, as well as any other witnesses and evidence, to investigate. Duty liability for stamp duty and customs stamps must be affixed to various documents, including: transfers of real estate, leases, share transfers, bonds, mortgages, life insurance, pensions, proxy, debt, credit, traveller`s cheques and other documents. Section 107 Subject to Section 111 in the absence of another agreement, a person subject to stamp duty and a person who may cancel a stamp must comply with the schedule set out at the end of this chapter. Section 128 Any person who, knowingly, does not accept a public servant or inspector in the performance of his or her mission or knowingly or deliberately refuses to comply with the notification or does not permit the seizure of an instrument or document, or who does not comply with the citation of the official or inspector pursuant to Section 123 or refuses to respond upon request.
, or violates the provisions of section 105 bis, 105 quarters or 123 bis, must be poorly done and punishable by a fine of more than 500 baht.