Thai Cabinet Approves Excise Tax Cuts for E20 and B20 Fuels
The Thai government has authorized a three-month excise tax reduction for E20 and B20 fuels to lower energy costs.
On October 27, 2026, Prime Minister Anutin Charnvirakul announced that the Thai Cabinet has officially approved a temporary reduction in excise taxes for two specific types of fuel: E20 and B20. According to reports from Prachachat Business, this measure is set to remain in effect for a duration of three months.
The tax adjustment aims to lower the retail price of these fuels, with E20 seeing a reduction of 5.60 baht per liter and B20 seeing a reduction of 5.50 baht per liter. For residents and travelers in Thailand, this policy is intended to provide immediate relief regarding fuel expenses, potentially lowering transportation costs across the country during the three-month implementation period.
While the Cabinet has granted approval for these cuts, specific details regarding the exact start date of the price adjustments at service stations and the administrative procedures for fuel distributors remain to be confirmed. Motorists are advised to monitor local fuel price updates at their preferred service stations as the policy is rolled out. This move reflects the government's ongoing efforts to manage domestic energy prices amidst fluctuating market conditions.
