Shock Rise On Imported Alcohol By 400 Baht/Litre

[denishuahin]

welcome to England of 25 years and Thailand now, same same.

[Misterwhisper]

Shoddy reporting with contradicting figures, so let's not panic and wait until we can read something more concise.

I seriously doubt that a bottle of domestic beer will rise in price BY 79 Baht per 660 ml (= a large bottle) when the current retail price stands at approximately 44 Baht (depending on brand), because that would mean you'd suddenly pay over 120 Baht for a bottle of local beer, and that simply is not going to happen.

Also, to the best of my knowledge, excise tax rates are calculated per 1 liter of 100% alcohol content, even for so-called 80% alcoholic beverages.

[MyFriend You]

Bye bye Thailand, its been fun but over the last 2 years about the only that hasn't increased is my pay packet.....

They are making some good Wine and Voidka in Vietnam now, also the local drafts are not bad at all. About half the cost of living as is in Thailand, Vietnam is a good place to hang out.............

[george]

OK, so the ThaiVisa shock-horror-hold-the-front-page headline reads increase BY 120 / 400 baht

The text in the story says increase TO 120 / 400 baht.

Sort it out TV

EXACTLY - as per my earlier post.

So what is the ACTUAL increase?

Let's wait for updated stories. The first info we have is published with MCOT wording in the headline.

Sent from my GT-N7000 using Thaivisa Connect App

[bigbamboo]

Panic on the streets of Pattaya!

[Orac]

I think a few people are assuming the increases apply to the full measure of drinks however excise duties only apply to the alcohol content.

[hugocnx]

My liqor store warned me a week ago that prices will go up. My regular 1 liter Benmore wil go up about 20 Baht a bottle...maybe 30.

No need to hamster.

Edited August 21, 2012 by hugocnx

[webfact]

RT @RichardBarrow: Tax increase for cigarettes of 6-8 Baht starts tomorrow. 7-11 will only sell 2 packs to each customer tonight to stop hoarding.

[Card]

So how will it increase revenue if less is sold at a higher price?

And, a bottle of beer (660ml) is to increase by around 100 baht?

I doubt this - I think they mean 120 baht on 1 litre of PURE alcohol - so just adjust your calculations. They could never increase the price of beer by that amount in 1 go.

[kennalder]

OK, so the ThaiVisa shock-horror-hold-the-front-page headline reads increase BY 120 / 400 baht

The text in the story says increase TO 120 / 400 baht.

Sort it out TV

EXACTLY - as per my earlier post.

So what is the ACTUAL increase?

About 10,000 page views!

[Valentine]

I thought most western countries increased the sin tax when they need extra funds & if it does get some people off smoking &/or drinking then healthcare savings are also made.

[julemanden]

Well it wont reduce consumption of either. For the poor it will simply mean less money on the table for food for the children whilst Dad still smokes his tabs and drinks whiskey.

Doesn't matter, they make it them selves Lao Khao ( sorry if i didn't spelled it right) We... Just has to pay the increase:(

[Dibbler]

So can someone explain how this affects the free trade agreement with Australia http://www.dfat.gov.au/fta/tafta/key-outcomes.html ??

For agricultural products subject to tariff rate quotas prior to 1 January 2005, Thailand has either eliminated the tariff and quota restrictions or will expand access for Australia over a transition period varying according to the product, before final elimination of the tariff rate quota.

Wine, beer and spirits

• Thailand immediately reduced its previous 54% tariffs on wine to 40%, and will phase the tariff to zero in 2015.
  
• For beer and spirits, Thailand immediately reduced its previous tariffs of 60% to 30%, before phasing to zero in 2010
  

[Phil Conners]

[atyclb]

So how will it increase revenue if less is sold at a higher price?

And, a bottle of beer (660ml) is to increase by around 100 baht?

Do they mean all alcohol or just spirits?

Alcohol, evil spirits,demons, and ghosts

[bigbamboo]

Nice.... For a botte of red wine costing 500 baths We will now pay 620... 140 % increase !

Do they realise that this is a commercial suicide ?

How do you work that out?

Edited August 21, 2012 by bigbamboo

[julemanden]

Panic on the streets of Pattaya!

And everywhere else in TH !!!!!!!!!

[julemanden]

Bye bye Thailand, its been fun but over the last 2 years about the only that hasn't increased is my pay packet.....

They are making some good Wine and Voidka in Vietnam now, also the local drafts are not bad at all. About half the cost of living as is in Thailand, Vietnam is a good place to hang out.............

Good for you .... In Vietnam, but we are still here in the real world/ Thailand

[julemanden]

Nice.... For a botte of red wine costing 500 baths We will now pay 620... 140 % increase !

Do they realise that this is a commercial suicide ?

You must be a mathematician

Just stop buying the sh*t wine

'

[morpho]

Next thing you know, they'll be raising bar fines!

Cambodia here I come!

[julemanden]

Dont smoke dont drink so it does not affect me but I feel for those who need there daily intake Just hope they dont put the duty up on coffee !!!

Too boring !!!!

[julemanden]

I'm teetotal (in smug mode). Alcohol and motorbikes don't really go well together. What bothers me is the outrageous price I have to pay for orange juice. It's twice the price in Thailand it is in the UK. And the UK doesn't even grow its own oranges!

(late addition) I'm off to France soon where I now have to carry a breathalyser in my car/motorbike even though I don't drink. And you think Thai laws are crazy?

Ha ha ha ha ha ha ha your soooo right !!!!

[Naam]

Probably based on 100%, given the fact that most spirits don't have a content over 40% it will be not that high.

it didn't say "over" but under 80proof (40%) which means 40% is taxed higher which applies to most spirits.

[Naam]

Panic on the streets of Pattaya!

And everywhere else in TH !!!!!!!!!

[julemanden]

Nice.... For a botte of red wine costing 500 baths We will now pay 620... 140 % increase !

Do they realise that this is a commercial suicide ?

Out here they don't realize sh*t all !!!! So what, we are still here, we just don't drink as much (red vine) as we used to

[Trentham]

This report is going to get as many posts as the ladyboy one did yesterday. Ha ha ha .........sex and booze.

[RKASA]

Waiting for a coherent article before passing judgement

Coherent? New to TV and The Nation, are you?

They don't allow postings from the other paper - long wait.

[indieke]

Happy I decided to spend most of my times in Philippines, next trip. Taxes WERE already high on wine, could hardly find an affordable bottle. I do not care much for beer, but am always punished in Thailand for enjoying wine. Now it gets worse, I take my business elsewhere.

It is getting worse every year, to come to Thailand. It has been become drunk of its own success. Everything is done to get money in the pocket, smiles have faded a long time, Landmarks have been ruined, beaches spoiled, the real-estate mafia has done its part of destroying the country, wiping their ass on environment.

[silentnine]

Bt120 per litre of alcohol for domestically-produced products and Bt400 for imported products, regardless of alcohol content.

the words regardless of alcohol content.

so its not based upon alcohol by volume

[paulswebb]

Does this effect the price of ear medicine?