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Excise tax take totals B180bn

The Excise Department has reported that it collected almost B180 billion in the first half of fiscal 2012.

Friday 4 May 2012, 11:29AM


Benja Louicharoen, the department’s director-general, said that the department has collected B179.24 billion in taxes during the first half of fiscal 2012, which began last October.

Mrs Benja said that the No 1 source of revenue was vehicle tax, which amounted to B42.97 billion, followed by tax on beer of B34.61 billion and tax on tobacco of B31.83 billion.

These were followed by oil and oil products, which brought in B30.38 billion, and alcohol (excluding beer), which added B28.48 billion.

Mrs Benja added that the Finance Ministry has instructed the department to step up action on tax evasion and to implement “offensive and clampdown measures” against violators of excise tax law.

 

 

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