THAILAND: Board of Investment Announcement No. Sor 5/2548 of 2005 on Promotion of Activities Related to the Use of Natural Gas in the Transportation Industry

Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2005
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy, Transport
Energy Types: 
Gas
Issued by: 
Thailand Board of Investment
Notes: 
Unofficial translation
Source: 
Thailand Board of Investment
File: 
Promotion of Activities Related to the Use of Natural Gas in the Transportation Industry
Overall Summary: 
An Announcement to promote the activity related to the use of natural gas in the transportation industry.
Trade
Import taxes and fee exemptions: 
Manufacture of engines, machinery, and accessories for Natural Gas Vehicles (NGV): 1. Classified as a priority activity 2. Exemption from import duty on machinery, regardless of location [...].---Assembly of Natural Gas Vehicles (NGV) 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of zone.---NGV service stations 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of location.
Investment
Tax and duty exemptions for energy equipment: 
Manufacture of engines, machinery, and accessories for Natural Gas Vehicles (NGV):1. Classified as a priority activity 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location.---Assembly of Natural Gas Vehicles (NGV) 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of zone.---NGV service stations 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of location.
Technology
Clean energy technology priorities: 
[T]o promote the activity related to the use of natural gas in the transportation industry.
Natural gas transportation technology: 
Manufacture of engines, machinery, and accessories for Natural Gas Vehicles (NGV):1. Classified as a priority activity 2. Exemption from import duty on machinery, regardless of location 3. Exemption from corporate income tax for 8 years, regardless of location.---Assembly of Natural Gas Vehicles (NGV) 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of zone.---NGV service stations 1. The only tax privilege granted shall be an exemption of import duty on machinery, regardless of location.