Keep an eye on the end of June, "cooking gas, jet fuel tax" moving up or not? After the discount and tax reduction period ends As for the diesel tax, 5 baht per liter, reduced until July 20, 2023, the Prime Minister ordered renewal studies.
Mr. Supattanapong Phanmeechaow, Deputy Prime Minister and Minister of Energy Revealed that at the Cabinet meeting (Cabinet) today, Prime Minister General Prayut Chan-o-cha assigned the Ministry of Finance to And the relevant agencies are considering measures to continue the measures to reduce the diesel fuel tax by 5 baht per liter, which will end on July 20, 2023, and how to proceed. As for whether to approve or not It must wait for a conclusion and if it is renewed, it must be proposed to the Election Commission or the Election Commission of Thailand for consideration and approval first.
The reporter reported that there is also a tax on jet fuel. In the past, the Cabinet has extended measures to reduce excise tax rates. For jet fuel for domestic aircraft, from 4.726 baht per liter to 0.20 baht per liter until 30 June 2023.
In the past, the Cabinet has extended the excise tax on diesel for a total of 7 consecutive times in order to reduce the impact of higher oil prices. which was the aftermath of the Russo-Ukrainian War. All in all, it has an impact on excise tax revenues at 158,000 million baht, with the government using both tax measures. and measures of the Fuel Fund to take care of diesel prices so as not to affect people's cost of living In the past, the water fund has subsidized the price of diesel oil and cooking gas (LPG) over 130 billion baht.
Recently, due to the decline in diesel prices, the Fund has a loan to increase liquidity. As a result, the position of the Oil Fund on June 11, 2023 was only negative 63,376 million baht, divided into a negative oil account of 17,127 million baht and a negative LPG account of 46,249 million baht. must keep an eye on that Will the price increase again? by the Energy Policy Executive Committee Or the CPB has a resolution to maintain the price of LPG cooking gas at a price of 423 baht / barrel 15 kg from April 1 - June 30, 2023 and asks PTT to maintain the price of NGV car gas at 17.59 baht / kilograms, starting from 16 Mar. to 15 Jun. '23
For the past 7 diesel tax reductions, consisting of
• 18 February - 20 May 2022 (3 months), tax reduction of 3 baht per liter, the state lost 18,000 million baht in revenue.
• 21 May - 20 July 2022 (2 months) tax reduction of 5 baht per liter, the state lost 20,000 million baht in revenue.
• 21 July - 20 September 2022 (2 months) tax reduction of 5 baht per liter, the state lost 20,000 million baht in revenue.
• September 21 - November 20, 2022 (2 months), tax reduction of 5 baht per liter, the state lost 20,000 million baht
• 21 Nov. 2022-20 Jan. 2023 (2 months), tax reduction of 5 baht per liter, the state lost 20,000 million baht in revenue.
• 21 Jan. - 20 May 2023 (4 months) tax reduction of 5 baht per liter, the state lost 40,000 million baht in revenue.
• 21 May - 20 July 2023 (2 months) tax reduction of 5 baht per liter, the state lost 40,000 million baht in revenue.
Source: Thai News Agency