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Cabinet cuts taxes on jet fuel to stimulate tourism
Date 03 Nov 2020 Time 17:55
Cabinet Holds Airway on COVID-19 Poisoning Stimulate Travel Extend Oil Tax Reduction Time to April 30, 2021.
Finance Minister Archom Termpittayaphaisit revealed that the Cabinet (Cabinet) has approved cost reduction measures for airline operators. And as a result, airlines can reduce the fare. As a result, people have lower travel costs and more domestic travel decisions.
Therefore, the Cabinet has approved a reduction in the excise fuel tax rate for jets from 4,726 baht per liter to 0.20 baht per liter, effective after 12:00 noon on November 3, 2020 until November 30, April. September 2021
Mr. Natthakorn Uthensut, Director of the Office of Tax Planning Act in a consultant position Developing an excise control system As a spokesperson for the Excise Department revealed that the COVID-19 epidemic Making foreign tourist trips The increase of tourism in Thailand has decreased by more than 80% Airline operators have to rely mainly on the purchasing power of domestic tourists. Baht / liter from April 10 to September 30, 2020, which reduces the cost of airline operators and may adjust the rate. To reduce travel expenses for people who use the airline
However, the COVID-19 epidemic has continued to affect the present and is expected to affect it for a time, so the Cabinet approved a measure to reduce the special tax on jet fuel. Reduce the cost of airline operators Increase business capacity to attract more tourists to the provinces. What is promoting tourism AND stimulating the economy of the tourism sector as well
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