Tax rebates under the government's first-time car buyer programme are expected to total 78 billion baht, short of the 90 billion baht originally set for the scheme, according to Somchai Pulsawas, director-general of the Excise Department.
More than 1.25 million vehicles were sold under the programme, which offered first-time buyers last year tax rebates of up to 100,000 baht for selected small-engine passenger cars and pickup trucks.
Mr Somchai attributed the lower estimate for rebates to the fact that final sales figures showed more pickup trucks sold than expected. Rebates for pickup trucks, which are taxed at a lower rate than cars, averaged 20,000 baht.
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