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]