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Thailand: A reduction on import duty and excise tax of battery electric vehicles for Toyota Motor Thailand Co., Ltd

Description

On 29 April 2022, the Excise Department of Thailand reduced Toyota Motor Thailand Co., Ltd's excise tax as part of a government push to make battery electric vehicles (BEVs) more affordable. The excis...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Apr 2022

Revocation date

31 Dec 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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