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Tobacco Monopoly seeks excise tax revision

1 min read
The Administrative Court of Thailand

The Administrative Court of Thailand. Photo: Government of Thailand.

The new excise tax structure has dealt a big blow to the state-owned cigarette producer, whose sales are estimated to plummet by 41% compared to last fiscal year.

Deputy Finance Minister Wisudhi Srisuphan said on Thursday the ministry was considering Tobacco Monopoly’s request for a review of the new structure.

Full story: Bangkok Post


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