Table 3: Summary of tariff and taxes in the Thai automotive industry (percent).
Type |
Complete Knock-Down (CKD) |
Complete Build-Up (CBU) |
|
Before 1992 |
1992 |
1999 |
2000-2008 |
Before 1992 |
1992 |
1999 |
2000-2008 |
Pick-up truck |
Tariff rate |
72 |
20 |
20 |
30 |
120 |
60 |
60 |
80 |
Excise tax |
9 |
3 |
5 |
18-3 |
9 |
3 |
5 |
18-3 |
Passenger cars under 2,400 cc. |
Tariff rate |
112 |
42 |
20 |
30 |
180 |
42 |
80 |
80 |
Excise tax |
44-55 |
30 |
40 |
30 |
44-55 |
30 |
35 |
30 |
Passenger cars over 2,400 cc. |
Tariff rate |
112 |
42 |
20 |
30 |
300 |
68.5 |
80 |
80 |
Excise tax |
44-55 |
35 |
43-50 |
44-55 |
44-55 |
35 |
43-50 |
35-50 |
Source: Thai Ministry of Finance, 2011 [27]