Published by
The Bangkok Post
The Bangkok Post
The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand and China. Some EVs imported from Japan are subject to a 20% tax rate under the Japan-Thailand Economic Partnership Agreement. However, the source said most EVs imported from Japan are not entitled to the 20% rate and instead face an 80% rate as their Japanese content exceeds the level re…
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