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

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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.

 

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-- © Copyright NNT 2022-03-01
 

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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.

  • Popular Post

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

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?

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.

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%?

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@

Paid 1032 baht for a case of Heineken in Makro yesterday . That's an increase of 72 baht from two weeks ago.??

I'll drink to that!

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