The cabinet on Tuesday approved cutting the excise tax on diesel and bunker oil used to generate electricity by the Electricity Generating Authority of Thailand (Egat) to zero in a bid to lower electricity bills for six months.
Deputy government spokeswoman Rachada Dhnadirek said the cabinet agreed to reduce the excise tax on diesel oil with sulphur not exceeding 0.005%, so-called diesel B0, as well as for bunker oil.
