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Thai Government Drops Taxes on Natural Gas Vehicles
23 February 2007
Thailand’s Government has eliminated taxes on new natural gas vehicles as part of its ongoing alternative fuels policy. Exemptions now apply to dedicated natural gas vehicle and engine imports to the country.
CKD (completely knocked down) imports fueled by natural gas will have the current 30% tariffs eliminated while vehicles with a 10 person or larger carrying capacity will have their 20% tariffs eliminated. Import tariffs of 10% on conversion kits and CNG cylinders have also been eliminated until the end of 2008.
Heavy vehicles also benefit from the measures with CBU and CKD Chassis (with engines) tariffs reduced from 30% and 10% respectively.
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