Jan 2, 2013

Over 1.3 milliion people claimed 90.5 Billion Baht of excise tax reimbursements for first cars

Deputy General of the Excise Department revealed today that, as of December 31, 2012, there were over 1.25 million Thais claiming their returns of excise tax (up to 100,000 Baht per vehicle) returns for the Thai government 's first car tax return project.  Of those, they were for 739,000 first cars, and 258,000 first small pickups, and 257,000 cab or double cab pickups.  He expected more to file for tax return by 2400 of December 31, so there could be as many as 1.3 million claimants.  The number of claimants was higher than their expectation by 500,000 people.  The excise tax money to be returned to the first car buyers could top 90.5 billion Bahts, to be returned by 3 fiscal years.

Ref: Manager Online

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