Battery tax proposal to bolster competitivenessA new battery tax structure is expected to help strengthen Thailand's competitiveness in the energy storage industry, according to the Excise Department chief. The objective of the new battery tax structure is to support Thailand's energy transition towards clean energy and to promote the country's targeted industries. Under the proposal, excise tax rates would vary according to a battery's energy storage capacity, or energy density per weight, and its life cycle. "In addition, the new tax structure will enhance the competitiveness of domestically produced battery energy storage systems, or electrical devices capable of storing energy and supplying it to other devices, compared with imported products." The new battery tax structure is included in the medium-term fiscal framework for 2027-30, a master plan for the government's financial, fiscal and budgetary planning, aimed at guiding tax revenue management in line with fiscal policy objectives.

Source: Bangkok Post March 12, 2026 12:38 UTC