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Bangkok Post
Bangkok Post
Business

Govt approves B3 tax cut on diesel to ease high prices

Energy Santi Promphat
FILE PHOTO: Trucks stop along Vibhavadi Rangsit Road near the Energy Ministry, Bangkok, on Feb 8 as part of a renewed protest against high fuel prices. They gave the government seven days to act or face further protests. On Tuesday, the seventh day, the government cut the diesel tax by 3 baht. (Photo: Wichan Charoenkiatpakul)

The cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht per litre, from 5.99 baht currently, for three months to help mitigate the impact of high energy prices, deputy finance minister Santi Promphat told reporters.

The cabinet approved a draft decree to cut the tax from February to April, a source at Government House said. It would take effect after publication in the Royal Gazette. 

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