Excise mulls retail tweak

Quick Summary:

The Excise Department is considering updating the suggested or recommended retail price for products subject to excise tax to ensure they are up to date.

If the economy is still sluggish, the adjustment may not be implemented, as an increase in the retail price would lead to a higher tax burden that would impact the public, she said.

Discussions of adjustments to suggested retail prices, which serve as the basis for calculating excise tax, will take into account economic conditions, said Ms Kulaya.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Suggested Excise Retail Kulaya Markets Products Mode Goods Department Price Changed

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 05:52:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25094642

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Official Website: bangkokpost.com

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