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Local air-conditioner firms seek change in Thailand's tax code.
Byline: Busrin Treerapongpichit
Nov. 5--Thai air-conditioner manufacturers have called on the government to cancel a new excise tax collection method which has raised costs, according to Kreetha Theinlikit, president of the air-conditioner industry club of the Federation of Thai Industries (FTI).
The manufacturers also have asked the government to rethink the excise tax structure for home air-conditioners, saying the new structure has hurt the competitiveness of the local industry.
The FTI submitted its request to the Finance Ministry last week.
Under the new excise tax collection method, dealers in home air-conditioners must pay excise ...
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Source: HighBeam Research, Local air-conditioner firms seek change in Thailand's tax code.