Petrol excise taxes cut

THURSDAY, AUGUST 28, 2014
Petrol excise taxes cut

Petrol prices are expected to go down from Bt1-Bt3.89 per litre at midnight, as the National Energy Policy Committee approved a cut in excise taxes.

The committee considered that the taxes can be cut now that global petrol prices ease.
Following the cut, 95-octane petrol price will be slashed by Bt3.89 per litre. Gasohol 95 prices will be down by Bt2.12, gasohol 91 by Bt1.86, and E20 by Bt1. The excise tax of Bt5 per litre on diesel has been waived since 2011.
ACM Prajin Juntong, a deputy chief of the National Council for Peace and Order (NCPO), is chairman of the committee.