Cigarettes cost 5-10 baht more

Cigarettes cost 5-10 baht more

Smokers will pay an additional 5-10 baht per pack after a new cigarette excise tax rise comes into effect at midnight Tuesday.

The cabinet on Monday agreed to the cigarette excise tax hike, which targets both value and volume, in hopes of reducing cigarette consumption.

Cigarette brands taxed in terms of value hit a ceiling of 90% of ex-factory price, while those taxed in terms of volume face a rise of 1.1 baht per gramme from 1 baht per gramme, a source at the Government House said.

The tax rise will add an estimated 12 billion baht in government revenue for the remaining period of this fiscal year.

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