BANGKOK, Feb 15 (TNA) – The Excise Department will propose tax measures to reduce dust particles as well as tax incentives for manufacturers of Electric Vehicles (EVs) to the Cabinet within two weeks.
The Department’s Director-General Patchara Anuntasilpa said his department will submit tax measures to control dust to the Finance Ministry before forwarding to the Cabinet for consideration.
Manufacturers, who install equipment to reduce tiny dust particles at factories, meeting Euro 5 standard at 0.005 miligramme will be given tax incentives.
The department also works with the Industry Ministry to support automakers to fit equipment to reduce PM 2.5 dust in diesel engines to comply with Euro 5 sooner.
Under the original plan, the new regulation requires diesel-engine vehicles, which will be manufactured in the next three years, must be upgraded to Euro 5 standard.
The department also implements measures, aligning with the government’s policy to promote EVs use and production.
Tax for EVs has been dropped to two per cent. EVs import tax will be exempted if manufacturers seek investment privileges from the Board of Investment. (TNA)
