Excise Department Confirms 1 Baht Tax Increase Will Not Affect Retail Oil Prices
Bangkok: The Excise Department has announced that the recent 1 baht increase in excise tax on diesel and gasoline will not impact the retail prices of oil. This announcement came following the Cabinet’s approval of the new tax rates, as per the Ministerial Regulations on Excise Tax Rates (No. 42) B.E. 2568. According to Thai News Agency, Ms. Kullaya Tantitemit,