Jump to content

Excise Dept Says No Plans to Raise Taxes on Alcoholic and Energy Drinks


Recommended Posts

Posted

90252ac1401fa2e5be1e5e0064e5b4d8_small.jpg

 

by Paul Rujopakarn

    

BANGKOK (NNT) - The Excise Department has indicated that it has no plans to increase taxes on alcoholic beverages and energy drinks.

 

Department Spokesperson Nutthakorn Utensute also dismissed reports that energy drink manufacturers will raise prices by 20-30 baht per dozen.

 

According to the spokesperson, Osotspa Public Company Limited, a local energy drink giant, will maintain the price of its products at 10 baht per bottle. However, the firm is expected to launch a new product line that costs slightly more at 12 baht per bottle.

 

Nuttakorn noted that other major manufacturers have also dispelled price hike rumors.

 

He nevertheless urged retailers to refrain from raising prices, while encouraging members of the public to call the department’s hotline 1713 to report any unfair price hikes.

 

Nutthakorn added that the department will dispatch officials to conduct random inspections of alcoholic and energy prices from March 14-17. He stressed that vendors need to formally petition authorities about any price changes.

 

He also said that if retail prices are 5% higher than those recommended by manufacturers, the department will summon manufacturers to reevaluate tax values.

 

nnt.jpg
-- © Copyright NNT 2022-03-01
 

- Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Posted (edited)

Don't trust this, will call my alcohol dealer to top-up.

 

Besides that the rumours about a price hike was not about the tax, which is a percentage btw., but the prices from the breweries going up.

 

So the brewery price goes up and the procentual tax rate stays the same. I think .... that's what he means.

Edited by Henk Langeweg
Posted
Just now, clivebaxter said:

what happened to last years announcement that tax on imported booze and cigars was going to be heavily reduced? never happened

I don't know, was it announced just before an election?

  • Haha 1
Posted

For this relief, thanks be to Bacchus. 

Oh wait: maybe there will be a reduction in taxes cos so many falang have left the country it's not worth collecting the tax.

 

Er, no, that's too logical.

Posted
4 hours ago, webfact said:

However, the firm is expected to launch a new product line that costs slightly more at 12 baht per bottle.

Same contents, same size, different label +20%?

Posted
On 3/1/2022 at 10:47 AM, clivebaxter said:

what happened to last years announcement that tax on imported booze and cigars was going to be heavily reduced? never happened

Absolutely sweet F@

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...