Excise to study reworked EV taxes
Finance Minister Arkhom Termpittayapaisith has ordered the Excise Department to study the excise tax structure on electric vehicles (EV) to promote industry development and lower the price of EVs.
Speaking after visiting the Excise Department on Friday, Mr Arkhom said the government has lowered the excise tax on EVs, but he wants the department to reconsider which components of EVs deserve improved tax reductions to make them more enticing to consumers.
Wichit Chantanusornsiri
