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Bangkok Post
Bangkok Post
Business

Sugary drink makers get tax reprieve

Anucha Burapachaisri Arkhom Termpittayapaisith excise department Prawit Wongsuwon
Soft drinks for sale at a convenience store.

Manufacturers of sugary drinks have been given more time to adjust their recipes after the government pushed back the latest hike in the excise levy for another six months.

Finance Minister Arkhom Termpittayapaisith said the cabinet on Tuesday agreed to postpone the planned increase in the excise tax on sugar-based sweeteners to March 31, 2023, from Oct 1, 2022.

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