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Shock Rise On Imported Alcohol By 400 Baht/Litre

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Cabinet increases excise tax on tobacco Bt6-8/pack;

on under 80 degree alcoholic drinks by Bt120/litre;

on imported alcoholic beverage by Bt400/litre

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-- TNA 2012-08-21

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TAXATION

Higher taxes on alcohol/cigarettes

The Nation

BANGKOK: -- The Cabinet today approves the Finance Ministry's proposal to slap a heavier tax rate on alcohol and cigarette products.

The Finance Ministry reasoned that this action would raise the government revenue as well as reduce consumption of the unhealthy products.

With immediate effect, the excise tax rates on eight cigarette brands will be raised by Bt6-Bt8 a pack. The rates on alcohol products would be raised to Bt120 per litre of alcohol for domestically-produced products and Bt400 for imported products.

The excise tax does not require a legal amendment, as the new tax rates are still within the legal limits.

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-- The Nation 2012-08-21

RT @tulsathit: Sin taxes will rise immediately (tomorrow), obviously to prevent hoarding and all. @Bodhisutva

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Uhm, what about 'open market', 'free trade pacts' with Europe, Germany and France? Plus some funny farang ideas floated by organisations like the WTO ?

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yea, lets protect the local wine industry.

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Probably based on 100%, given the fact that most spirits don't have a content over 40% it will be not that high.

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So how will it increase revenue if less is sold at a higher price?

And, a bottle of beer (660ml) is to increase by around 100 baht?

Do they mean all alcohol or just spirits?

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So how will it increase revenue if less is sold at a higher price?

And, a bottle of beer (660ml) is to increase by around 100 baht?

Other than in backward societies were there is no universal healthcare, the system ends up with sky high costs for everything from liver disease to cancer. Best is therefore to have no turnover at all. Cigarette prices should go to the roof and for alcohol the increases are still very modest given the fact that 1 liter of alcohol does not equal one liter of beer.

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So, for example, a bottle of Magners will increase from an already expensive 250Baht to about 350Baht a bottle!?

dam_n, I was just getting a taste for the stuff on a hot day! :(

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....on under 80 degree alcoholic drinks by Bt120/litre;

This says 'drinks' not straight alchohol.

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Lets not panic too quickly. I work out the extra cost on a bottle of San Mig Light being 2 baht.

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Looks like another shot in the foot for those in control who can afford any rise. sad.png

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Well it wont reduce consumption of either. For the poor it will simply mean less money on the table for food for the children whilst Dad still smokes his tabs and drinks whiskey.

Well if it is on imported alcohol only it will make no difference to the poor. They only drink local beer and rice whisky they make themselves

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So, for example, a bottle of Magners will increase from an already expensive 250Baht to about 350Baht a bottle!?

dam_n, I was just getting a taste for the stuff on a hot day! sad.png

I make it about 6 baht on a 330ml bottle and 10 baht on a 568ml (pint) at 4.5% by volume

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The tax rate will remain zero on all the locally-distilled lao kao and hand-rolled cigars.

Tougher though for those of us with a taste for the good stuff...

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Nice.... For a botte of red wine costing 500 baths We will now pay 620... 140 % increase !

Do they realise that this is a commercial suicide ?

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Not good for party goers and tourists I guess, but sure this intended to reduce alcohol intake. Will it help? I doubt.

Sent from my GT-N7000 using Thaivisa Connect App

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Change the headline to this thread please coffee1.gif

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BANGKOK 30 March 2017 11:42
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