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News Forum - Thai cabinet extends excise diesel tax cut for 2 more months

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The Thai Cabinet is extending the country’s excise diesel tax cut for another two months after diesel prices hit Thailand hard this year. The cut of five baht per litre will be extended from September 21 to November 20. The elimination of excise tax on bio-diesel and bunker oil used to generate power will also continue from September 16 to March 15 2023. The Director-General of the Revenue Department, Ekniti Nitthanprapas, said the cut is necessary to relieve the burden on consumers and businesses. Government spokesperson Anucha Burapachaisri said on Tuesday that the cabinet also approved a 300 million baht […]

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