First buyer scheme will be extended | Bangkok Post: business

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First buyer scheme will be extended

The Finance Ministry will seek to extend the first-car buyer scheme until mid-2013 in response to manufacturers' requests, giving participants an extra six months to ask for a tax rebate.

Benja Louichareon, director-general of the Excise Department, said many people persuaded by the government scheme to buy their first car cannot receive their tax rebate due to delivery delays.

At present, rebate eligibility depends on both buying a car and becoming its legal owner by the end of this year.

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Your comments

  • Discussion 1 : 16 Jul 2012 at 13.531

    "Ownership must be maintained for at least five years, or else the rebate will have to be returned."

    Good luck at getting the rebate back.

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