Thai cabinet extends 5-baht per litre excise tax cut for diesel until November

[snoop1130]

 

The cabinet decided today (Tuesday) to extend the excise tax cut of five baht per litre of diesel fuel for two more months, from September 21st to November, in order to ease the burden on consumers currently being affected by the high cost of living, according to Finance Minister Arkhom Termpittayapaisith.

 

The cabinet also agreed to maintain the zero rate of excise tax on bio-diesel and bunker oil used in generating electricity for six additional months, from September 16th to March 15th next year.

 

Excise Department Director-General Ekniti Nitithanprapas said that the tax cut is necessary for a certain period of time to ease the burden on the consumers and businesses, as diesel is the main fuel for transportation and industry.

 

Full Story: https://www.thaipbsworld.com/thai-cabinet-extends-5-baht-per-litre-excise-tax-cut-for-diesel-until-november/

 

-- © Copyright Thai PBS 2022-09-13

 

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[jacko45k]

That is good news....

[Sydebolle]

The government is well advised NOT to touch the price of diesel, except reduction. Adding anything on the present diesel price is suicidal and will result in revolts on the countryside where 75% of the electorate is using at least 75% of the entire diesel production. 

Touch it and you're toast ....... ???? 

[lujanit]

11 minutes ago, Sydebolle said:

The government is well advised NOT to touch the price of diesel, except reduction. Adding anything on the present diesel price is suicidal and will result in revolts on the countryside where 75% of the electorate is using at least 75% of the entire diesel production. 

Touch it and you're toast ....... ???? 

Maybe that is one way of getting rid of the stealing incompetent current apology for an administration.