Published by
The Bangkok Post
The Bangkok Post
The law governing the reduction of the electric vehicle (EV) excise tax from 8% to 2% will take effect on June 9, according to the Excise Department. Department spokesman Nattakorn Utensut said the Council of State finished vetting the law and Finance Minister Arkhom Termpittayapaisith already signed it into law. The law will be published in the Royal Gazette on June 8 and come into force on June 9, said Mr Nattakorn. He believes after the law is in effect, more electric cars and electric motorcycle manufacturers will line up to sign memoranda of understanding (MoUs) with the government to joi…