Nation Thailand
Cabinet approves 3-month tax cuts of 5.60 baht/litre for E20 and 5.50 baht/litre for B20
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Thailand’s Cabinet approved three-month excise tax cuts of 5.60 baht per litre for E20 gasohol and 5.50 baht per litre for B20 biodiesel on October 27, 2026, Prime Minister Anutin Charnvirakul said at Government House.
Key facts
- Pump prices for E20 and B20 had yet to be finalised when Anutin announced the decision, with retail pricing details to be determined by the Energy Ministry.
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- Anutin said the Energy Ministry had received the approved tax reduction figures and was scheduled to meet on the afternoon of October 27 to determine retail pricing details
Summary
Pump prices for E20 and B20 had yet to be finalised when Anutin announced the decision, with retail pricing details to be determined by the Energy Ministry.
Anutin said the Energy Ministry had received the approved tax reduction figures and was scheduled to meet on the afternoon of October 27 to determine retail pricing details. Energy Minister Akanat Promphan had been assigned to oversee the relevant work.