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Bangkok Post
Bangkok Post
Business

Govt cuts diesel tax in half

Trucks stop along Vibhavadi Rangsit Road near the Energy Ministry, Bangkok, on Feb 8, 2022 as part of a renewed protest against high fuel prices. (Photo: Wichan Charoenkiatpakul)

The cabinet on Tuesday agreed to cut the excise tax on diesel by three baht per litre, from the current 5.99 baht, for three months to help ease the impact of high energy prices on the cost of transport and consumer goods.

Government spokesman Thanakorn Wangboonkongchana said the cabinet had approved halving the price until May 20 as soon as the order is published in the Royal Gazette.

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