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Wednesday, May 8, 2024

Ministry told to explore diesel tax cut extension

Reduction scheduled to expire on July 20

The excise tax cut on diesel of 5 baht per litre is scheduled to end next month.  Varuth Hirunyatheb

Prime Minister Prayut Chan-o-cha assigned the Finance Ministry and relevant agencies on Tuesday to study the possibility of extending the excise tax cut on diesel of 5 baht per litre, which is scheduled to end on July 20 this year.

According to Energy Minister Supattanapong Punmeechaow, Gen Prayut has entrusted the matter to the Finance Ministry to determine whether an extension is appropriate, based on a study that must first be submitted to the Election Commission, in accordance with the law.

Finance Minister Arkhom Termpittayapaisith said the ministry is…

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