# Cabinet reduces excise tax on diesel for a three-month period

- Link: https://www.thailand-business-news.com/news/122552-cabinet-reduces-excise-tax-on-diesel-for-a-three-month-period
- Published: 2024-01-19T10:12:49+07:00
- Author: Thai News ข่าวไทย

**Cabinet cut diesel tax by one baht per liter for three months to ease consumer
financial burden.**

---

## Cabinet Cuts Excise Tax on Diesel

The cabinet has approved a reduction in the excise tax on diesel by one baht per
litre for a period of three months, starting from January 20 to April 19. This decision
aims to alleviate the financial burden on consumers. However, it is estimated that
the state will incur a revenue loss of about Bt6 billion during this period.

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## Cost and Management

According to Deputy Finance Minister Julapun Amornvivat, the government will strive
to manage energy prices in alignment with global oil prices. The goal is to ensure
that the adjustment will not overly strain the national budget in the long run.

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## Government Policy and Plans

Julapun emphasized that the government does not have a fixed pricing policy for 
diesel, and there are no intentions to decrease benzine prices at this time. This
decision aligns with the government’s commitment to balancing the needs of consumers
with the country’s fiscal responsibilities.

**Source** : [Cabinet cuts excise tax on diesel by a baht per litre for three months](https://www.thaipbsworld.com/cabinet-cuts-excise-tax-on-diesel-by-a-baht-per-litre-for-three-months/?rand=59587)